Fariq Purchases and Places in Service in 2017 Personal Property

question 51

Multiple Choice

Fariq purchases and places in service in 2017 personal property costing $2,051,000.The property does not qualify for bonus depreciation.What is the maximum Sec.179 deduction that Fariq can deduct,ignoring any taxable income limitation?

• A)$510,000
• B)$0
• C)$489,000
• D)$479,000

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