Even though I did not work at all in my occupation last year, I was still available, so can I still deduct the remaining depreciation on my equipment?
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No. If you have retired from the business, you can no longer deduct any expenses. Being available is not the same as having a profit motive.
No. If you have retired from the business, you can no longer deduct any expenses. Being available is not the same as having a profit motive.
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