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mill6210
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  • Re: Carryforward of APTC repayment

    Here is the answer, for those interested:Contrary to the general rules for cash basis taxpayers, and based on the example in Pub 502, the deduction for APTC rep...
    mill6210
    Updated Dec 18, 2024

  • Re: Carryforward of APTC repayment

    Thank you! That is my understanding as well. But...Idid have a CPA mention that APTC repayments are considered to be on a 'cash basis'. By this, they meant that...
    mill6210
    1
    Updated Dec 18, 2024
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