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.

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Definitions:

Standard Deviation

A metric that reflects the degree of spread or scattering of values within a collection, illustrating the deviation of values from the central mean.

Probability

An assessment of the probability that a specific event will happen.

Heights of Men

A statistical data point or measure that refers to the distribution and measurement of stature among the male population.

Standard Deviation

A criterion for determining the degree of variation or distribution range in a set of values.