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Via the tax benefit rule, if a taxpayer writes off an uncollectable debt in year 1 and takes a bad debt expense deduction but six

Via the tax benefit rule, if a taxpayer writes off an uncollectable debt in year 1 and takes a bad debt expense deduction but six months later recovers the full amount in year 2 - an accrual basis taxpayer will file an amended return to report the income and unreport the expense, but a cash basis taxpayer will report the income in year 2. True or False

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