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Business, 14.12.2020 17:00, preachersgirl5
Holly is a small business owner whose income is reported on Schedule C. She placed her 2016 Honda Accord into service when she purchased it on January 1, 2018 for $24,000. She did not claim any §179 expense, but she did claim bonus depreciation. In 2018, she drove her vehicle 9,600 miles for business, 5,200 commuting miles, and a total of 18,000. What is Holly's depreciation for the car in 2018?
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Holly is a small business owner whose income is reported on Schedule C. She placed her 2016 Honda Ac...
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