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- Jul 26, 2007
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This is a really basic question, but can someone explain how a write off works, and when is the best time to use one?
For example, a person makes $100k. They pay $15k to taxes, but they have a total of $20k in "write offs" can you get back more than you paid in?
For example, a person makes $100k. They pay $15k to taxes, but they have a total of $20k in "write offs" can you get back more than you paid in?
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