During 2017,Travis purchases $13,000 of used manufacturing equipment (7-year property)for use in his business,his only asset purchase that year.Travis has taxable income from his business of $510,000.What is the maximum amount that Travis may deduct under the election to expense?

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Under Section 179, Travis can elect to expense the full cost of the used equipment, which is $13,000, as long as it does not exceed his taxable income and the total cost of qualifying property placed in service does not exceed the annual limit.

During 2017,Travis Purchases $13,000 of Used Manufacturing Equipment (7-Year Property)for