me-carney
Level 3
03-16-2021
03:19 PM
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Thank you. I did google it and I somehow missed seeing that you could apply it as a deduction in the following year, not sure how I missed it.
The client will use the entirety in 2020 and the 6% excise tax will stop. there is enough earned income this year to do it.
Again, thank you. Enjoy the rest of your day.