Have a Tax Question? Ask a Tax Expert
Thanks for asking your question! I'm sorry to hear about your tax issue and I'm going to try my best to help you understand or resolve it.
Yes, you are correct. As a cash basis tax payer you can deduct only what you have spent out. If you spend any money during 2013 then you would handle that money spent on your 2013 return
Please don't forget to rate my response as 'excellent' so that I may receive credit for assisting you today