If a new $80,000 automobile used 100% for business in the first year (2010)fails the 50% business usage test in the second year,no cost recovery will be recaptured.

Question

Quizplus · Accepted Answer

The Answer of If a new $80,000 automobile used 100% for business in the first year (2010)fails the 50% business usage test in the second year,no cost recovery will be recaptured.

If a New $80,000 Automobile Used 100% for Business in the First