Fred purchases and places in service in 2015 personal property costing $221,000.What is the maximum Sec.179 deduction that Fred can deduct,ignoring any taxable income limitation?
A)$25,000
B)$21,000
C)$4,000
D)$200,000

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The Answer of Fred purchases and places in service in 2015 personal property costing $221,000.What is the maximum Sec.179 deduction that Fred can deduct,ignoring any taxable income limitation?
A)$25,000
B)$21,000
C)$4,000
D)$200,000

Fred Purchases and Places in Service in 2015 Personal Property