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What is the maximum total depreciation deduction that Chaz may deduct in 2020?
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What is the maximum total depreciation deduction that Chaz may deduct in 2020?

User LukeLR
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Answer:

$ 2,103,479

Step-by-step explanation:

Maximum total depreciation deduction $ 2,103,479 Chaz Corporation has taxable income in 2020 of $368,000 for purposes of computing the ยง179 expense and acquired the following assets during the year: Assume CARES Act applies.

User Hoss
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