[ANSWERED] Mixed Personal/Business Use. Trish is a self-employed CPA who purchases an automo – bile for $72,000

Written by

in

Mixed Personal/Business Use. Trish is a self-employed CPA
who purchases an automo – bile for $72,000 and places it into service in 2019.
Calculate Trish’s current year MACRS depreciation deduction, assuming she does
not elect Sec. 179 expensing, she elects out of bonus depreciation, and the
half-year convention applies.
a. Trish uses the vehicle 60% for her business and 40 % for
personal purposes.
b. Trish uses the vehicle 40% for her business and 60% for
personal purposes.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *