NOTE: For this question, you must read every reference to a year on Form 4562...

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Accounting

  1. NOTE: For this question, you must read every reference to a year on Form 4562 as that year + 1 (i.e., any 2019 reference is 2019 + 1 or 2020). If the taxpayer is depreciating office furniture that was placed in service in 2019, then the depreciation expense for 2020 in the amount of $2,761 would be entered on:

a. Form 4562, Line 19b.

b. Form 4562, Line 19c.

c. Form 4562, Line 17.

d. Form 4562, Line 14.

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