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Deduct Expense in year it was paid or year it applies to?
I have a few expenses where the year I am paying is different from the year it applies to and not sure which year I should pay apply the expense to. Below are my two examples:
Business Travel: Paid for the tickets in 2024 for travel happening in early 2025
State Taxes: Paid my Q42024 payment in 2025
‎January 2, 2025
4:38 PM