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For passenger automobiles placed in service in 2023 for which no Section 168(k) additional (bonus)...

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Accounting

For passenger automobiles placed in service in 2023 for which no Section 168(k) additional (bonus) first-year depreciation deduction applies, the depreciation limit under Section 280F(d)(7) is what amount for the first tax year? A. $9,500 B. $12,200 C. $16,400 D. $20,000

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