If an asset is eligible for bonus depreciation, which of the following is NOT true: Bonus...

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Accounting

If an asset is eligible for bonus depreciation, which of the following is NOT true:
Bonus depreciation can increase a net operating loss.
If a taxpayer does not want to claim bonus depreciation, they can make an election to opt out.
The AGI phaseout threshold for bonus depreciation is lower than the threshold for the section179 deduction.
Bonus depreciation is allowed for alternative minimum tax (AMT).

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