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From: dys@homxa.UUCP (D.SZE)
Newsgroups: net.taxes
Subject: Re: They wont allow this one either
Message-ID: <134@homxa.UUCP>
Date: Fri, 9-Mar-84 10:21:42 EST
Article-I.D.: homxa.134
Posted: Fri Mar  9 10:21:42 1984
Date-Received: Sat, 10-Mar-84 11:39:33 EST
References: <278@whuxle.UUCP>
Organization: AT&T Bell Labs, Holmdel NJ
Lines: 13

.

Regarding the investment tax credit on journals,
I believe that you can only take them for items
that are depreciated.  If you depreciate your
journals, then your deduction this year is smaller
because the total is spread out over several years.
I would rather write all of it off in one year
and forget about the investment tax credit.

David Sze
Bell Communiations Research, not AT&T as the header says
(we invented the transistor)