
Anonymous
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Deductions & credits
something you should consider if you haven't already. if you can and do fully deduct the cost in 2018, what will your tax situation look like in both 2018 and 2019. could you have a net operating loss in 2018?. In that case you would have to carry it back to 2016 unless you make an election to carry it forward to 2019 (there will be a box to check in TT to make this election)
‎June 4, 2019
4:40 PM