A taxpayer places a $50,000 5-year recovery period asset in service in 2019. This is the only asset placed in service in 2019. Assuming half-year convention, no immediate expensing, what is the amount of bonus depreciation?
A) $0
B) $10,000
C) $25,000
D) $50,000
E) None of the above
Correct Answer:
Verified
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