Maximum regular cost recovery deduction

Reference no: EM13154107

Omar acquires used 7-year personal property for $100,000 to use in his business in February 2010. Omar does not elect §179 expensing or additional first-year depreciation, but does take the maximum regular cost recovery deduction. As a result, Omar will have a positive AMT adjustment in 2010 of what amount?

a) $0

b) $3,580

c) $10,710

d) $14,290

e) none of the above

Reference no: EM13154107

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