If an Automobile Is Purchased for 100 Percent Use in the Taxpayer's

question 116

True/False

If an automobile is purchased for 100 percent use in the taxpayer's business, the annual automobile depreciation limitations do not apply.

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Definitions:

Zygote

Diploid cell resulting from the union of a sperm cell and an oocyte.

Identical Twins

Twins that develop from a single zygote splitting early in development, sharing 100% of their DNA.

Dizygotic

Pertaining to twins that develop from two different eggs fertilized by two different sperms, also known as fraternal twins.

Pluripotent

In development, a cell or group of cells that have not yet become fixed or determined as to what specific tissues they are going to become.