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income taxation What is gain or loss, if any on sale of fork lift in 2021?...

income taxation

What is gain or loss, if any on sale of fork lift in 2021? Is it capital or ordinary, long term or short term?    

In November 2020 GC purchased a new computer system, cost 1,800,000. Because of operating losses from Corona virus GC declined special first year write off only. Compute allowable write off for the computer system for 2020 and 2021.

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