Can a taxpayer with very little current year income choose to not claim any depreciation expense for

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Can a taxpayer with very little current year income choose to not claim any depreciation expense for the current year and thus save depreciation deductions for the future when the taxpayer expects to be more profitable?

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McGraw-Hill's Taxation Of Individuals

ISBN: 9781259729027

2017 Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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Question Posted: Oct 11, 2024 05:04 AM

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Can a taxpayer with very little current year income choose to not claim any depreciation expense for

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McGraw-Hill's Taxation Of Individuals

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