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Business & farm
As a further comment, make sure you maintain records of how it was disposed:
- Letter from who you gave it to
- Picture of inventory in a trash bin
If audited, the taxpayer will have the burden of proof so maintaining the above documents / records will be key.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
‎April 7, 2025
1:38 PM
700 Views