Chat with us, powered by LiveChat Assets Placed in Service During 2020 Tax Year Using the Alternative Depreciation System For | EssayAbode

Assets Placed in Service During 2020 Tax Year Using the Alternative Depreciation System For

complete Part V before you complete Part I.

1 Maximum amount (see instructions) . . . . . . . . . . . . . . . . . . . . . . . 1 2 Total cost of section 179 property placed in service (see instructions) . . . . . . . . . . . 2 3 Threshold cost of section 179 property before reduction in limitation (see instructions) . . . . . . 3 4 Reduction in limitation. Subtract line 3 from line 2. If zero or less

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