Explain the term enumerated deductions. 2. List and explain AT LEAST FIVE (5) enumerated deductions
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1. Explain the term enumerated deductions.
2. List and explain AT LEAST FIVE (5) enumerated deductions
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- Explain how the § 179 immediate expensing deduction affects the computation of MACRS cost recovery81 Which of the following is correct?I. Direct origination costs – added to principalII. Direct origination fees – added to principalIII. Direct origination costs – deducted from principalIV. Direct origination fees – deducted from principalASAP answer the subquestions