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Old 01-18-2019, 03:23 PM   #11
Happy Monkey
I think this line's mostly filler.
 
Join Date: Jan 2003
Location: DC
Posts: 13,575
Sorry, unless you incorporate, last year's tax reform took that option away.

Not that you could have claimed more than what you sold the guitar for, as long as it was over 2% of your AGI, under the old rules.
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