TaxGuyBill
Level 15
12-06-2019
07:37 PM
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It will work the SAME way as State Income Tax deductions ... the next year you will only pay tax on the portion that was ACTUALLY deducted.
https://www.irs.gov/pub/irs-pdf/p525.pdf#page=25
https://www.irs.gov/pub/irs-pdf/p525.pdf#page=25