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Instead of capitalizing and depreciating certain assets, a taxpayer who does not have an applicable financial statement, may use that mnimis safe harbor exception to
Instead of capitalizing and depreciating certain assets, a taxpayer who does not have an applicable financial statement, may use that mnimis safe harbor exception to claim an immediate deduction on their 2022 return for the items costing no more than: $ 0 $ 500 $1,500 $ 2500
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