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Business, 12.06.2021 23:40 d0ram0UsE

On Dec. 15, 2019, Taxpayer hired a roofing company to repair leaks in the roof of Taxpayer's business-use warehouse. The repairs were completed on Dec. 22, 2019. The roofing company invoiced taxpayer for $100,000 on January 3, 2020, and Taxpayer paid the invoice on Feb. 1, 2020. If Taxpayer is an accrual-method taxpayer, how much of $100,000 repair expense can Taxpayer deduct in 2020

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On Dec. 15, 2019, Taxpayer hired a roofing company to repair leaks in the roof of Taxpayer's busines...
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