Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Sheena Maskell Sheena Maskell
wrote...
Go to Answer
Posts: 1902
Rep: 44 0
7 years ago
Which of the following statements regarding Sec. 179 is true?
A) If a taxpayer places in service property costing more than the Sec. 179 ceiling on the amount of property placed in service, the excess can be carried over to subsequent years.
B) Amounts of the Sec. 179 election in excess of the taxable income limitation are carried forward.
C) Sec. 179 carryforwards expire after five years.
D) All of the above statements are true.
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
Read 96 times
2 Replies
Replies
Answer verified by a subject expert
MsLippyMsLippy
wrote...
#1
Top Poster
Posts: 1848
Rep: 64 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Sheena M. Author
wrote...
#2
7 years ago
Perfect Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1766 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4491
  
 1201
  
 1111
Your Opinion
What's your favorite coffee beverage?
Votes: 303
Previous poll results: What's your favorite math subject?