What is maximum write-off for this purchase

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Reference no: EM13775562

On February 21, 2014. Joe purchased new farm equipment for $60,000. Joe has made an election to not have the uniform capitalization rules apply to his farming business. He does not take additional first-year depreciation (if available). If Joe elects 179, what is maximum write-off for this purchase for 2014?

Reference no: EM13775562

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