Captain America finally got tired of saving the world and so he retired in May...
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Captain America finally got tired of saving the world and so he retired in May 2017. After a couple of months doing nothing, he concluded that he was bored so he bought a used tugboat to help move ships around the San Francisco Bay. He bought the boat on September 10, 2017 and paid $1,998,996 including taxes and fees. How much will his MACRS deductions be for 2017?
$658,900
$0
$148,900
$744,498
$510,000
The correct answer is $148,900
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