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Any Section 179 Deduction That Is Not Allowed Currently Due

question 45

True/False

Any Section 179 deduction that is not allowed currently due to the taxable income limitation may be carried over and deducted in future years.


Definitions:

Pressure

The force applied perpendicular to the surface of an object per unit area over which that force is distributed.

Proprioception

The sense of the relative position of body parts and strength of effort being employed in movement, essentially how we perceive the position and movement of our bodies.

Somatosensation

The body's sensory system that includes the sense of touch, temperature, body position, and pain.

Gustation

The sense of taste, one of the five traditional senses, involving the perception of different flavors.

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