Select the best answer. For tax years beginning in 2019, what is the maximum Section 179...

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Select the best answer. For tax years beginning in 2019, what is the maximum Section 179 deduction for qualifying real proper

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Answer 1

Answer #1

answer: D. $1.02 million

The maximum deduction for qualifying real property expenditure under section 179 for 2019 is $1.02 million.

Previously in 2018 it was $1 million but due to adjusted inflation rates, in 2019 it was increased to $1.02 million.

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Answer 2

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