The correct answers are:
a. Property placed in service and disposed of in the same year
d. Depreciable property with a useful life of 20 years or less
What is qualified property for Bonus Depreciation?
(4 Points)
a.Property placed in service and disposed in the same year
b.Property required to be depreciated under ADS
c.Farm property held by a business electing out of interest expense limitations in IRC Sec 163(j)
d.Depreciable property with a useful life of 20 years or less
1 answer
1 answer