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New Member
posted Jun 4, 2019 7:17:27 PM

Can I defer deductions and save them for the next year?

Includes Form 1098, property taxes, child tax credit , business losses, ect

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1 Replies
Level 7
Jun 4, 2019 7:17:28 PM

You cannot defer  deductions from one year to the next.

Applicable deductions can only be claimed in the year in which they were incurred.