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Sell now...defer payment til Jan. Anyone gunshy of this approach?
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BronsonA2150
Posted 10/14/2020 17:15 (#8545927 - in reply to #8545789)
Subject: RE: Sell now...defer payment til Jan. Anyone gunshy of this approach?


SC IA
Tom Cotton - 10/14/2020 14:13

I wouldn’t might wanna pay taxes on it this year if Biden is elected


You can pull income from differed grain back into the year you sold. You just can’t go the other way
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