During 2017, Linda has a $12,000 net loss from her beauty salon. Her spouse, Bart,...
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During 2017, Linda has a $12,000 net loss from her beauty salon. Her spouse, Bart, earns $23,000 as a tennis professional. During 2017, Bart purchases $215,000 of Section 179 equipment for his business. What is the maximum amount of Linda and Bart's Section 179 deduction for 2017? a. $0 b. $10,000 c. $11,000 d. $23,000 e. $215,000
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