[MasterGGM]

Business equipment purchased in tax year 2014 had available three methods of cost recovery:

1. MACRS depreciation

2. 50% bonus depreciation for certain assets

3. Section 179 expensing

In what order should these methods of cost recovery be applied to calculate the deduction?

A.1, 2

B.1, 3

C.2, 3

D.1, 2, 3

Isn’t the answer supposed to be 3, 2, 1? It is asking for 2014 but gives the wrong answer for even 2015, which would be 3, 1.

AUD - 77
BEC - 80
FAR - 76
REG - 83

Licensed CPA in CA as of Jan. 5, 2017

FAR: CREDIT
AUD: CREDIT
REG: CREDIT
BEC: CREDIT