Question 24 of 35. Which of the following is FALSE about the UNICAP rules? O UNICAP expenses only include items that would otherwise be depreciated. O UNICAP costs are capitalized. O Some indirect costs are deductible in the current year. O Labor costs are subject to the UNICAP rules. - Question 8 of 35. Catherine is a sole proprietor with a farming net operating loss in 2020. She files an extension to file her return. If she wants to file Form 1045 to carry her loss back, what is her filing deadline? December 31, 2020 October 15, 2021 December 31, 2021 October 15, 2024 Ooo