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:

Acupuncture

Involves the use of needles to redirect the flow of energy within the body to treat illness.

Hospice Movement

A response to fears related to the dying process and the institutionalized ways in which death is typically handled in institutional settings.

Elizabeth Kubler-Ross

A Swiss-American psychiatrist known for her pioneering work on the five stages of grief and dying.

Cicely Saunders

A pioneering physician and nurse recognized for founding the modern hospice movement which focused on palliative care for the terminally ill.