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What is john maximum recovery deduction

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Problem 1: John Snow purchased a used vehicle for $10,000 on July 1, 2018. On January 2, 2019, he converted the automobile to business use. At the time of the conversion, the automobile had a fair market value of $9,000 and a salvage value if $1,900. What is John's maximum recovery deduction for 2019?

Reference no: EM132788315

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