Election in order to maximize total cost recovery deduction

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Reference no: EM13777452

On June 30, 2014, Temika purchased office furniture (7-year property) costing $22,000 and computers (5-year property) with a cost of $19,000. She uses Sec. 179. Her business income is $190,000 without considering Sec. 179.

Question - How should she allocate the 179 election in order to maximize her total cost recovery deductions (depreciation and Sec. 179) for 2014?

Reference no: EM13777452

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Election in order to maximize total cost recovery deduction : On June 30, 2014, Temika purchased office furniture (7-year property) costing $22,000 and computers (5-year property) with a cost of $19,000. She uses Sec. 179. How should she allocate the 179 election in order to maximize her total cost recovery ded..

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