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Question 46 of 75. The safe harbor election for small taxpayers (a business with total assets of less than $10 million or ave
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Answer #1

Answer-The correct option is a-Utilities

Explanation:-

The safe harbor for small taxpayers (SHST; IRS Reg. §1.263(a)-3h) took effect at the start of 2014. If you qualify to use it, you may currently deduct on Schedule E all your annual expenses for repairs, maintenance, improvements, and other costs for business real property, including rental property owned by landlords

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