The basis will be the purchase price less rebates.
$50,000 - 5,000 - 1,000 - 500 = $43,500 The state "rebate" is actually a tax incentive.
For your second question if I understand it correctly: you would take the depreciation only. If it is a 179 bonus, it is still the depreciation. If you enter this in TurboTax it will properly allocate it.
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