Greta,a calendar-year taxpayer,acquires 5-year tangible personal property in 2017 and places the property in service on the following schedule:
Greta elects to expense the maximum under Sec.179,and selects the property placed into service on November 8.The property is not eligible for bonus depreciation.Her business's taxable income before Sec.179 is $790,000.What is the total cost recovery deduction (depreciation and Sec.179)for 2017?
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Because Sec.179 expensing is...
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