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21-02-2024
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What advice would you give Jerry regarding the use of Section 179, bonus depreciation, and cost recovery deductions?
1) Forgo Section 179 and bonus depreciation and use the Modified Accelerated Cost Recovery System (MACRS) table.
2) Use the bonus depreciation provision.
3) Forgo Section 179 and bonus depreciation and elect the straight-line method.
4) Elect the maximum Section 179 and elect the straight-line method.

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