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Question 15 of 30. Which of the following assets is considered listed property under $280F? O A police car, used 75% for busi
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answer: A cell phone, used 75% for business

As per the section 280F, listed property includes

  • Passenger cars and other transportation vehicles
  • Cell phones
  • Boats
  • Airplanes

The new law removed computer and peripheral equipment, photo and video equipment from the definition of listed property, recently.

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