What is John maximum recovery deduction

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Question - Adam purchased a used vehicle for $11,000 on July 1, 2019. On January 2, 2020, he converted the automobile to business use. At the time of the conversion, the automobile had a fair market value of $10,000 and a salvage value of $2,000. What is John's maximum recovery deduction for 2020?

Reference no: EM132992076

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