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Question 1: The Matthews want to split their refund between savings and checking accounts. How is this accomplished, if possible?
Option A. Complete Form 8888, Allocation of Refund (Including Savings Bond Purchases).
Option B. Splitting a refund is not possible.
Option C. This can only be accomplished if filing a paper return.
Option D. The Matthews do not have an overpayment on their return.
Can you explain how I would make a depreciation schedule using the double declining method? Not sure how to calculate the depreciation value
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