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a c corporation, a calandar year, accrual basis taxpayer, properly accrue a 5 0 0 0 0 0 expense for book purposes for a pending

a c corporation, a calandar year, accrual basis taxpayer, properly accrue a 500000 expense for book purposes for a pending legal dispute inthe current year. Blue paid the 500000 settlement on january 15th of the next year. When can blue deduct the 500000 expense for tax purposes?

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