Take Test Ch Quit-AC id-257720,1&course; jd 157268 1&content; id 5604873.18step-

Question

Take Test Ch Quit-AC id-257720,1&course; jd 157268 1&content; id 5604873.18step-null 1 pointsSaved estion 1 Under the MACRS mid-quarter O True convention, an asset sold on December 10 will be treated as though it were sold on November 15 for a calendar year taxpanyer False 1 points Saved estion 2 All eligible real estate under MACRS is permitned a full month of cost rocovery in the month of disposition O False 1 points Saved estion 3 For a ail property (real and personal) placed in service in 2015,the §179 maximum deduction is limited to ssooooo. O True 1 points Saved uestion 4 Any $ 179 apense amount thst is carried forwand is suhjest to he business income limitation in the caryferwand yoar amount that is carried forward is subject to the business income limitation in the carry forward yoar O True False l points Saved uestion 5 The §179 limit firasports utility vehicle with a GVw of7400 ponds und in ande or busness issoo. O False 5 8 0 0

Explanation / Answer

1)True as this is a rule to be followed
2)False. it is not full month but half month
3)True. It is rule
4)True. It is rule
5)true

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