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Becky Places Five-Year Property in Service During June 2014 Using

Question 29

Multiple Choice

Becky places five-year property in service during June 2014 using the half-year convention.Depreciation is $1,500 under the 150% declining balance method and $2,000 under 200% declining balance.Becky uses the 150% declining balance method for regular income tax purposes.What is the amount of Becky's AMT adjustment?


A) $0
B) $1,500 positive adjustment
C) $500 positive adjustment
D) $500 negative adjustment

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