Will I be able to deduct my investment in a feature film that is now in it's first year of distribution?

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Yes, if this is for a Qualified Film or Television Production, then you could enter this on Schedule C as Other Deductions with an attached statement stating that you are making the election under IRC section 168.

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How do I report income that came from partner investment (via IRA distributions & personal injury settlement)?

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Will I be able to deduct my investment in a feature film that is now in it's first year of distribution?

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