angelacmartin11 angelacmartin11

03-11-2021
Business

contestada

what is the maximum total depreciation deduction that Chaz may deduct in 2020?

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tyvonnehodges5 tyvonnehodges5

03-11-2021

Answer:

$ 2,103,479

Explanation:

Maximum total depreciation deduction $ 2,103,479 Chaz Corporation has taxable income in 2020 of $368,000 for purposes of computing the §179 expense and acquired the following assets during the year: Assume CARES Act applies.

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