For a cash basis farmer, can prepaid farm expenses paid in year 1 but not used until year 2 be fully deductible in year 2

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For a cash basis farmer, can prepaid farm expenses paid in year 1 but not used until year 2 be fully deductible in year 2

No. If you are cash based, you should expense the amount when you pay it. If you purchase two years of feed in 2017, deduct the full amount in 2017.

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