Caitlyn purchases and places in service property costing $450,000 in 2017.She wants to elect the maximum Sec.179 deduction allowed.The property does not qualify for bonus depreciation.Her business income is $400,000.What is the amount of her allowable Sec.179 deduction and carryover,if any?
A)
B)
C)
D)
Correct Answer:
Verified
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