Unformatted text preview: that you take the full $200,000 deduction. There are other options however, you can take the conservative approach and make a fair market deduction for the average salary of a taxpayer in a similar situation. This would ensure zero scrutiny from the Internal Revenue Service, but would increase your tax liability. However, it is my opinion that you take the full $200,000 deduction. V/R, Bradford Tennyson Aztec Accounting Services [email protected] (619) 555-8654...
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- Spring '08
- Taxation in the United States, Mr. Stephen J. Colbert, Stephen J. Colbert, fair market deduction