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Deductions & credits
As DavidD66 stated, if this is a personal residence it is not a deductible expense. Cutting down a tree does not qualify for any of the current home energy credits either. If the tree was part of a home improvement, the cost can be added to the cost basis for when you sell the home and then deducted from your sales price. However, until you sell the home, this is not a deductible expense.
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a week ago