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Deductions & credits
This can be deducted only if you have a business where you are charging expenses for your business. This is not an allowable deduction on your personal return.
Although if you charge contributions, as example, a deduction is considered paid when you make the charge, not when it is paid. The reason is that it is considered paid on the day charged.
Although if you charge contributions, as example, a deduction is considered paid when you make the charge, not when it is paid. The reason is that it is considered paid on the day charged.
June 6, 2019
4:49 AM