On February 1, 2019, Omar acquires used 7-year personal property for 100,000.The property will be used in his business.Omar does not elect § 179 expensing, but he does take the maximum regular tax depreciation deduction.As a result, Omar incurs a positive AMT adjustment in 2019 of what amount?
A)$0
B)$3,580
C)$10,710
D)$14,290
E)None of these.

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The Answer of On February 1, 2019, Omar acquires used 7-year personal property for 100,000.The property will be used in his business.Omar does not elect § 179 expensing, but he does take the maximum regular tax depreciation deduction.As a result, Omar incurs a positive AMT adjustment in 2019 of what amount?
A)$0
B)$3,580
C)$10,710
D)$14,290
E)None of these.

On February 1, 2019, Omar Acquires Used 7-Year Personal Property