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A sole proprietorship purchased an office building in June of 2019 that cost $800,000. Assume the...

A sole proprietorship purchased an office building in June of 2019 that cost $800,000. Assume the taxpayer wants to maximize current year depreciation and thus wants to utilize 100% bonus depreciation where applicable. What is the total amount of depreciation the taxpayer can take for the building in 2019?

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ekkarill92 answered 2 years ago
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