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Calculate Jay depreciation deduction

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Problem - On September 14, 2019, Jay purchased a passenger automobile that is used 75 percent in his accounting business. The automobile has a basis for depreciation purposes of $40,000, and Jay uses the accelerated method under MACRS. Jay does not elect to expense. Calculate Jay's depreciation deduction for 2019 assuming bonus depreciation.

Reference no: EM132676256

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