Question: A taxpayer would be allowed a current deduction for the full amount of a payment under the one year rule if the payment is: a.

A taxpayer would be allowed a current deduction for the full amount of a payment under the one year rule if the payment is:

a. made for computer network services to be completed within two months of the date of payment.

b. made for interest to be accrued on a business loan payable two years in advance.

c. made for accounting services to be provided in the next 13 months.

d. All of the above.

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