Sec179 Tax Benefits Are Recaptured If at Any Time an Asset

question 34

True/False

Sec.179 tax benefits are recaptured if at any time an asset is converted to personal use.

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Definitions:

Major Depressive Disorder

A severe pattern of unipolar depression that is disabling and is not caused by such factors as drugs or a general medical condition.

Nutraceuticals

Products derived from food sources with extra health benefits in addition to their basic nutritional value.

Conventional Treatments

Traditional or mainstream medical treatments widely accepted and practiced by the medical community.

Electroconvulsive Therapy (ECT)

A medical treatment most commonly used for patients with severe major depression or bipolar disorder that have not responded to other treatments, involving electrical stimulation of the brain under anesthesia.