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Rustin Bought 7-Year Class Property on May 15, 2019, for $1,248,000.Rustin

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Essay

Rustin bought 7-year class property on May 15, 2019, for $1,248,000.Rustin elects § 179 and straight-line cost recovery, but not additional first-year depreciation..Rustin's taxable income would not create a limitation for purposes of the § 179 deduction.Determine the maximum cost recovery deduction Rustin can claim for 2019.

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Definitions:

Structural

Relates to the physical or organizational shape, composition, or arrangement of something.

Episodic

Pertaining to events or incidents that occur in separate, distinct episodes, often relating to memory in psychology.

Phonemically

Pertaining to phonemes, which are the smallest units of sound in a language that distinguish one word from another.

Semantically

Pertaining to meaning in language or logic, especially the relationship between signifiers and what they represent.

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