On February 21, 2012, Joe purchased new farm equipment for $600,000. Joe has made an election to not have the uniform capitalization rules apply to his farming business. He does not take additional first-year depreciation.If Joe elects § 179, what is the maximum write-off for this purchase for 2012?

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The Answer of On February 21, 2012, Joe purchased new farm equipment for $600,000. Joe has made an election to not have the uniform capitalization rules apply to his farming business. He does not take additional first-year depreciation.If Joe elects § 179, what is the maximum write-off for this purchase for 2012?

On February 21, 2012, Joe Purchased New Farm Equipment for $600,000