- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
@bjlinings I actually did a Webinar yesterday that was predominately about just this. Evidently, it IS "double-dipping" and that is ok in this unique situation. I did some additional reading and the IRS does not speak to this (because, of course, I don't think we're ever going to hear an IRS agent state that "double-dipping" is ok), but from what experts are saying is that due to all of the intricacies of this type of "transaction" if you think of it that way, it is a temporary "loophole" that surely will get closed up sooner rather than later. This past year has brought so many grey areas. I hope this eases your mind a bit. The instructor for the Webinar was a man named Jason Dinesen, EA and I took it through MyCPE (my-cpe.com). Just in case you wanted to look him up as an additional comfort.