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(Solved by Expert Tutors) Xavier bought equipment(seven-year property) on July 15, 2015 for $2,176


possible under 179 and plans on using the bonus depreciation. Xavier's taxable income is $1,900,000. What is the maximum depreciation deduction Xavier can take in 2015 for the equipment including the allowable 179 expense and bonus depreciation

 


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Apr 19, 2020

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