Fariq purchases and places in service in 2019 personal property costing $2,571,000.The taxpayer plans to apply the Sec.179 deduction,but not bonus depreciation.What is the maximum Sec.179 deduction that Fariq can deduct,ignoring any taxable income limitation?
A)$2,550,000
B)$0
C)$999,000
D)$1,020,000

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The Answer of Fariq purchases and places in service in 2019 personal property costing $2,571,000.The taxpayer plans to apply the Sec.179 deduction,but not bonus depreciation.What is the maximum Sec.179 deduction that Fariq can deduct,ignoring any taxable income limitation?
A)$2,550,000
B)$0
C)$999,000
D)$1,020,000

Fariq Purchases and Places in Service in 2019 Personal Property