Chaz Corporation has taxable income in 2017 of $361,000 for purposes of computing the §179 expense...

Chaz Corporation has taxable income in 2017 of $361,000 for purposes of computing the §179 expense and acquired the following assets during the year:

Placed in Asset Service Basis

Office furniture September 12 $ 1,200,000

Computer equipment February 10 920,000

Delivery truck August 21 60,000

Total $ 2,180,000

What is the maximum total depreciation expense that Chaz may deduct in 2017?

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ekkarill92 answered 2 years ago

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