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  3. all of the following are true about bonus deprecia

All of the following are true about bonus depreciation, except:Bonus depreciation is available for the...

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Accounting

All of the following are true about bonus depreciation, except:
Bonus depreciation is available for the year the property is purchased, regardless of the year placed in service
Qualified property includes tangible property depreciated in 20 ?years or less under MACRS
Bonus depreciation is avallable for new and used property placed in service
Taxpayers may elect out of taking bonus depreciationAll of the following are true about bonus depreciation, except:
Bonus depreciation is available for the year the property is purchased, regardless of the year placed in service
Qualified property includes tangible property depreciated in 20 ?years or less under MACRS
Bonus depreciation is avallable for new and used property placed in service
Taxpayers may elect out of taking bonus depreciation
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