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Old 09-14-2007, 10:55 PM
luppie luppie is offline
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Join Date: Sep 2007
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Section 179 deduction for passive loss

Yes, yes I know that section 179 deduction for business, especially small businesses but the question is "can it be used to deduct against passive loss like such on Schedule E?" I can not find any information regarding this issue on any of the IRS publications.
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