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Business, 15.11.2019 07:31 swaise3300

In 2016, gail had a § 179 deduction carryover of $30,000. in 2017, she elected § 179 for an asset acquired at a cost of $115,000. gail's § 179 business income limitation for 2017 is $140,000. determine gail's § 179 deduction for 2017.
a. $25,000
b. $115,000
c. $130,000
d. $140,000
e. none of the above

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In 2016, gail had a § 179 deduction carryover of $30,000. in 2017, she elected § 179 for an asset ac...
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