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Deductions & credits
Thanks, what do you think would happen if I claim them in the current year? Would it increase the likelihood of getting audited or could I get a big penalty?
Just asking since it adds up to about $1700 in expenses and since I'm a single owner of the S-corp, its a shame that I have to wait a year to deducted it just b/c I put it on my personal card instead of the company card and didn't reimburse myself yet.
‎September 13, 2020
10:45 PM