Fred purchases and places in service in 2014 personal property costing $221,000.What is the maximum Sec.179 deduction that Fred can deduct,ignoring any taxable income limitation?
A)$25,000
B)$21,000
C)$4,000
D)$200,000

Question

Quizplus · Accepted Answer

The Answer of Fred purchases and places in service in 2014 personal property costing $221,000.What is the maximum Sec.179 deduction that Fred can deduct,ignoring any taxable income limitation?
A)$25,000
B)$21,000
C)$4,000
D)$200,000

Fred Purchases and Places in Service in 2014 Personal Property