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Business, 16.03.2020 22:55 dcardenas2005

In 2019, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muhammad did not make a § 179 election with respect to the computer. He does not claim any available additional first-year depreciation. If required, round your answers to the nearest dollar. Click here to access the depreciation tables to use for this problem. If Muhammad uses the regular MACRS method, determine his cost recovery deduction for 2019 for computing taxable income and for computing his alternative minimum tax. For taxable income: $ For alternative minimum tax: $

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In 2019, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muha...
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