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When can I deduct instruments that were put to use in 2021 and not paid entirely for till 2022?
I'm a Musician. I purchased a couple of instruments on a 12 month payment plan that started in 2021 and ended in 2022. The instruments were put to use in 2021. Do I still have to wait until next year to claim them? Do I just claim what I paid in 2021?
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‎April 12, 2022
9:56 AM