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Get your taxes done using TurboTax
Following-up on the prior comments from Critter-3, the de-minimis safe harbor election generally allows a taxpayer to deduct small-dollar expenses for the acquisition or production of property that otherwise would have to be capitalized under the general rules. Only you can make the decision as to what is your best option given your tax situation.
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‎January 23, 2022
12:45 PM