I run my business on a cash accounting basis. As a result of a problem with the mail, I did not receive my property tax bill until after Christmas in 2018. The payment was due in October. I paid it in January 2019. Is the amount deductible (as a business vehicle expense) on the 2018 return or must I wait until I file 2019? (I suspect I know the answer but I thought I would check nevertheless.)
Your "suspected" answer is correct.
Cash basis means the expense must have been paid in your 2018 business year, which I assume is a calendar year.
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