in 2021, walt sheen purchased and placed in service a packaging machine at a cost of $2,624,000. he had $1,030,000 taxable income from his business before considering the deduction allowed under sec. 179. what is walt’s allowable sec. 179 deduction for 2021?

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05-10-2022
Business

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in 2021, walt sheen purchased and placed in service a packaging machine at a cost of $2,624,000. he had $1,030,000 taxable income from his business before considering the deduction allowed under sec. 179. what is walt’s allowable sec. 179 deduction for 2021?

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