Enrico is a self- employed electrician. In May of the current year, Enrico acquired a used van (5- year property) for $12,000. He used the van 30% for business. Bonus depreciation is not applied. The maximum depreciation deduction for the van is

Question

Quizplus · Accepted Answer

The Answer of Enrico is a self- employed electrician. In May of the current year, Enrico acquired a used van (5- year property) for $12,000. He used the van 30% for business. Bonus depreciation is not applied. The maximum depreciation deduction for the van is

Enrico Is a Self- Employed Electrician