Detailed text transcripts for TV channel - CNN - 20171227:20:24:00
That they may not cash the check until after the first of the year, or they may not receive it until after the first of the year. and in that case if you happen to get audited, the deduction can be disallowed in 2017. >> even if you do it like what you do on april 15th when you make sure you get the mail, postage mark on it of 2017, it doesn't matter? >> it may not. exactly right. that's the mailbox rule and specific to the tax code. there may be rules in place that say, no, it doesn't count because you haven't really paid it, hasn't been received, just writing a check doesn't necessarily do y...
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