Which of the following is true of the tax treatment of business automobiles? The depreciation...
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Which of the following is true of the tax treatment of business automobiles? The depreciation limitations apply to all business automobiles. MACRS depreciation is allowed even if the automobile is not used more than for business. Bonus depreciation cannot be taken on a business automobile. There may be imputed income on a leased automobile even if its business use is 
Which of the following is true of the tax treatment of business automobiles?
The depreciation limitations apply to all business automobiles.
MACRS depreciation is allowed even if the automobile is not used more than for
business.
Bonus depreciation cannot be taken on a business automobile.
There may be imputed income on a leased automobile even if its business use is
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