Jenny owned a business and had a passenger vehicle that was used 100% for her business. What is the largest amount of depreciation that Jenny can claim for the vehicle on her 2022 California Income Tax Return? Group of answer choices $0 $3,460 $19, 200 Unlimited

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter8: Depreciation And Sale Of Business Property
Section: Chapter Questions
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Jenny owned a business and had a passenger vehicle
that was used 100% for her business. What is the
largest amount of depreciation that Jenny can claim for
the vehicle on her 2022 California Income Tax Return?
Group of answer choices $0 $3,460 $19, 200 Unlimited
Transcribed Image Text:Jenny owned a business and had a passenger vehicle that was used 100% for her business. What is the largest amount of depreciation that Jenny can claim for the vehicle on her 2022 California Income Tax Return? Group of answer choices $0 $3,460 $19, 200 Unlimited
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