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Solve tina? current year macrs depreciation? deduction

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Reference no: EM132720101

Problem 1: Tina is a self-employed CPA who purchases an automobile for $79,000 and places it into service in 2020. Calculate Tina?'s current year MACRS depreciation? deduction, assuming she does not elect Sec. 179? expensing, she elects out of bonus? depreciation, and the? half-year convention applies.

a. Tina uses the vehicle 60?% for her business and 40?% for personal purposes.

b. Tina uses the vehicle 40?% for her business and 60?% for personal purposes.

Reference no: EM132720101

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