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The § 179 Deduction Can Exceed $1,000,000 in 2018 If

question 18

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The § 179 deduction can exceed $1,000,000 in 2018 if the taxpayer had a § 179 amount which exceeded the taxable income limitation in the prior year.

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Definitions:

Posterior Cerebral Arteries

Arteries supplying blood to the back part of the brain, important for visual processing and other brain functions.

External Carotid Arteries

Arteries that supply blood to the face, scalp, and neck.

Left Pulmonary Veins

The veins that transport oxygenated blood from the left lung to the left atrium of the heart.

Systole

The phase of the heartbeat when the heart muscle contracts and pumps blood from the chambers into the arteries.

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