Brent uses the actual cost method. [Assume that no § 179 expensing is claimed and that 200% declining-balance cost recovery with the half-year convention is used. The recovery limitation for an auto placed in service in 2018 is as follows: $10,000 (first year), $16,000 (second year), $9,600 (third year), and $5,760 (fourth year).] Compute his depreciation deductions for year. Click here to access the depreciation table . 2018: $fill in the blank 25a987f72fdff8c_1 2019: $fill in the blank 25a987f72fdff8c_2 2020: $fill in the blank 25a987f72fdff8c_3 2021: $fill in the blank 25a987f72fdff8c_4 Brent's adjusted basis in the auto on January 1, 2022, is $fill in the blank 25a987f72fdff8c_5
Brent uses the actual cost method. [Assume that no § 179 expensing is claimed and that 200% declining-balance cost recovery with the half-year convention is used. The recovery limitation for an auto placed in service in 2018 is as follows: $10,000 (first year), $16,000 (second year), $9,600 (third year), and $5,760 (fourth year).]
Compute his
.
2018: $fill in the blank 25a987f72fdff8c_1
2019: $fill in the blank 25a987f72fdff8c_2
2020: $fill in the blank 25a987f72fdff8c_3
2021: $fill in the blank 25a987f72fdff8c_4
Brent's adjusted basis in the auto on January 1, 2022, is $fill in the blank 25a987f72fdff8c_5
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