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Slide 11 – Question 1
Provision 13101
Section 179 Deduction
Question 1
In 2018, Marilyn Pine purchased five new
refrigerators to be placed in rental properties
she owns as investment property. Total cost
of all five refrigerators is $15,000. How much
can Marilyn elect to expense under §179?
Tax Cuts and Jobs Act of 2017 | Course 73083a | SB/SE 11
Slide 12 – Question 1 Answer
Provision 13101
Section 179 Deduction
Question 1 Answer:
Zero. Even though refrigerators are
qualifying tangible property, §179 does not
apply to investment property (income
producing activities).
Tax Cuts and Jobs Act of 2017 | Course 73083a | SB/SE 12
Student Guide TCJA – Depreciation Provisions
73083-102 A-6 05/2019
