Assume Amp Corporation Calendar Year End Has 2025. The company acquired the following assets during 2021 (assume no bonus. For the year 2023, the maximum amount of deduction u/s 179 that amp may.
During 2020, amp acquired the following assets: Amp corporation {calendar—year—end) has 2023 taxable income of $1,900,000 for purposes of computing the §179 expens.