What is jenny allowable section 179 deduction

Assignment Help Business Management
Reference no: EM131640088

During 2016, Jenny Merchant purchased several pieces of equipment with a total cost of $90,000 for use in her sole proprietorship. Jenny has taxable (earned) income from her business of $8,000 (without regard to the Section 179 expense). She also has wages from a part-time teaching job of $9,000.

What is Jenny's allowable Section 179 deduction?

Reference no: EM131640088

Questions Cloud

Calculate the missing costs : The following data have been extracted from the records of Puzzle, Inc.: Calculate the cost formula for mixed cost using the high-low method
Recovery deduction using the straight-line method : The cost of the computers was $8,800, while shipping and sales taxes totaled $1,100. Dean does not use Section 179.
Examine the key mechanisms of global integration : The teams purpose is to develop a modern marketing campaign for a financial services customer - examine the key mechanisms of global integration
Distinguish what benefits there were in colonialism : Distinguish what benefits, if any, there were in colonialism? Give examples. If there were no benefits, explain this view.
What is jenny allowable section 179 deduction : She also has wages from a part-time teaching job of $9,000. What is Jenny's allowable Section 179 deduction?
Should an employer be allowed to monitor employees e-mails : Should an employer be allowed to monitor employees' e-mails, even if those e-mails are sent outside of normal business hours?
Differences among the ratios : What do you think are the relevant factors that contributed to the differences among the ratios? Please list all of them.
What are the pros and cons of bureaucratic controls : What are the pros and cons of bureaucratic controls such as rules, procedures, supervision, and the like?
Describe the place of women on the faculty : What does this table tell us about the place of women on the faculty? In this chapter we will learn how to interpret such tables.

Reviews

Write a Review

Business Management Questions & Answers

  Critically analyses and evaluates your company leadership

You will produce a written report that critically analyses and evaluates your company's leadership and management preferences using Cyert's organisational leadership perspective

  In what ways does plan you selected provide fair opportunity

According to the Equal Employment Opportunity Commission (EEOC) and affirmative action. In what ways does the plan you selected provide a fair opportunity for all employees in the organization? Why?

  Four perspectives of financial-customer

Design a balanced scorecard using the four perspectives of financial, customer, internal business processes, and learning and growth for Apple Company.

  Explain what strategies would you recommend and why

If you were the CEO of the company, explain what strategies would you recommend and why? Describe competitive strategies used by the company's main competitors.

  Personal financial management is the process of

personal financial management is the process of controlling your income and your expenses. in what ways do you feel

  Do the countries have a suitable infrastructure

Do the countries have an acceptable economic, political, ethical, legal environment? Do the countries have a suitable infrastructure? Is one location in a country more suitable for the industry than another?

  Exploring new strategies for sustainability

Why are colleges and universities good places for exploring new strategies for sustainability? Give an example for such college or university?

  What is the size of the labor force

What is the size of the labor force? What is the unemployment rate? What is the natural rate of unemployment for this country? Is this economy in recession or expansion? Explain.

  What is the predicted future impact or outcome

What is the predicted future impact/outcome assuming that this trend continues to develop along its current path? Do you agree with the article and its predictions? Why or why not?

  Examine the spending and bankruptcy data set

Examine the Spending and Bankruptcy Data Set, linked in the Resources, to identify appropriate data needed for your analysis.·

  What is the legal nature of marwans employment

Did Marwan commit sexual harassment? If so, what type? Explain your answers and the terms you use. What is the legal nature of Marwan's employment? Explain your answers and the terms you use.

  Employee of an organization in the is field

Briefly describe your role as an employee of an organization in the IS field. Give examples of what you need to know about information systems and how it can help with your job performance.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd