Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Section 179 deductions (https://www.askmehelpdesk.com/showthread.php?t=748185)

  • May 9, 2013, 03:00 PM
    saba999
    Section 179 deductions
    During 2011, your firm acquires a 5,000-lb SUV for $30,000 and a 6,200-lb. SUV for $35,000.How much a Section 179 deduction will your firm take one each vehicle in 2011?

    a. $25,000 and $25,000
    b. $0 and $25,000
    c. $30,000 and $35,000
    d. U cannot take a Sec.179 deductions for SUVs

    My answer is B , can please someone confirm my answer is right or no?
  • May 9, 2013, 03:54 PM
    paraclete
    That would be my opinion also

  • All times are GMT -7. The time now is 12:09 AM.