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Determine the maximum cost recovery deduction rustin claim

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Reference no: EM132040615

Question - Rustin bought used 7-year class property on May 15,2015, for $728,000. Rustin elects 179 and a straight-line cost recovery. Rustin's taxable income would not create a limitation for purposes of the 179 deduction. Determine the maximum cost recovery deduction Rustin can claim for 2015. Show your work.

Reference no: EM132040615

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