Federal Tax Research 10th Edition by Steven Gill, Gerald Whittenburg, Roby Sawyers, Debra Sanders, William Raabe

Exercise 51

Chang, a brain surgeon, subscribes to the Journal of Brain Research. With a special subscription offer, Chang pays $3,000 this year for the full three-year subscription for this weekly scientific journal. Normally, the journal charges $1,500 for an annual renewal. In what year(s) can Chang deduct this $3,000