A taxpayer places a $50,000 5-year recovery period asset in service in 2019. This is...
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Finance
A taxpayer places a $50,000 5-year recovery period asset in service in 2019. This is the only asset placed in service in 2019. Assuming half-year convention, no immediate expensing, what is the amount of bonus depreciation?
a. $0
b. $50,000
c. $10,000
d. $25,000
e. None of these choices are correct.
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