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Balance Sheet-What's the point?
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packerfan
Posted 12/25/2024 09:59 (#11025254 - in reply to #11024636)
Subject: RE: The deferred tax liability with 179 comes when...............


Western illinois
I feel your math is flawed. How can you get a dollar for dollar tax deduction on 179 farm expenses? You say spend the 400k and pay no tax? That 400k only saves you ~140k in tax. Explain.
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