If a taxpayer placed into service a used passenger


Question - If a taxpayer placed into service a used passenger automobile costing $100,000 on March 1, 2016 and used it for 100% business, then what is the maximum amount of depreciation that can be taken in 2017?

a) $3,160

b) 5,100

c) $11,160

d) $32,000

e) $62,000

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Accounting Basics: If a taxpayer placed into service a used passenger
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