What is wilson cost recovery deduction

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Problem - Wilson, Inc purchased an office building and land in March, 2008, for $750,000. 20% of the cost was allocated to the land. What is Wilson's cost recovery deduction for 2020 for this building?

Reference no: EM132988123

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What is wilson cost recovery deduction : Wilson, Inc purchased an office building and land in March, 2008, for $750,000. 20% of cost was allocated to the land. What is Wilson's cost recovery deduction
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