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2007 Additional Information – Section 179 Expense Election

maximum deduction limited to taxable income from trade or business $112,000
Reduction if cost of Section 179 property exceeds $450,000

This entry was posted on Monday, January 1st, 2007 at 3:47 pm and is filed under 2007 Tax Year. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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