Chaz Corporation has taxable income in 2021 of $315,600 for purposes of computing the 5179 expense and acquired the foll
Posted: Sat May 07, 2022 8:18 pm
Chaz Corporation has taxable income in 2021 of $315,600 for purposes of computing the 5179 expense and acquired the following assets during the year Placed in Asset Service Basis office furniture September 12 $ 816,800 Computer equipment February 10 966,000 Delivery truck August 21 184,000 Qualified improvement property September 30 1,535,000 Total $ 3,421,000 What is the maximum total depreciation deduction that Chaz may deduct in 2021? (Use MACRS Table 1. Table 2. Table 3. Toble 4 and Table 5) (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Maximum total depreciation deduction