What is the maximum sec


Problem:

Tommy purchases and places into service in 2011 personal property costing $2,100,000.

Required:

Question: What is the maximum Sec. 179 deduction that Tommy can deduct, ignoring any taxable limitations?

  • $-0-
  • $125,000
  • $400,000

$500,000

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Accounting Basics: What is the maximum sec
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