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Deductions & credits
If I understand your question, never. Tax deductions can only be taken in the year the expense is paid. You can't take the standard deduction for several years and "stack" all your itemized deductions into one year to get a larger tax benefit.
The rules for business assets and startup expenses are diferent, but we need more details to know what you are talking about.
‎November 24, 2023
1:22 PM
561 Views