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The 1 1 1 tax benefit rule provides that no income is recognized upon the recovery of a deduction, or the portion of a deduction,
The tax benefit rule provides that no income is recognized upon the recovery of a deduction, or the portion of a deduction, that did not yield a tax benefit in the year it was taken.
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Survey of Accounting
Authors: Carl S Warren
6th edition
978-113318912, 1133189121, 978-1133189121
