All Personal Property Placed in Service in 2017 and Used

question 46

True/False

All personal property placed in service in 2017 and used in a trade or business qualifies for additional first-year depreciation.

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Definitions:

Telegraphic Speech

Short, simple sentences typical of early child language development, resembling telegrams, often consisting only of essential words.

Overregularization

A language learning process in which children apply general grammatical rules too widely, often leading to grammatical errors.

Past Tense of Verbs

The form of verbs used to describe actions that have already happened.

Chomsky

Refers to Noam Chomsky, a prominent linguist, philosopher, and cognitive scientist known for his significant contributions to the development of generative grammar and criticism of behaviorism.