If I had work performed on my rental unit in 2018, but my payment was not processed until 2019, can I deduct that amount on my 2018 taxes?
01392
1 Replies
MinhT
Expert Alumni
Jun 4, 2019 8:20:56 PM
If you send your payment out by December 31, 2018, you can deduct the expense on your 2018 tax return, even if the check was paid only at the beginning of 2019.