(v2080.00) Current Deferred Tax Assets

(Increase in Current Deferred Tax Asset (v2080.01))

Temporary differences may lead to recording a Deferred Tax Asset (v2350); that is, a future expected tax benefit. The portion of the tax benefit that reverses within a year is a current asset, recorded in the Current Deferred Tax Asset (v2080.00) account.

See (v2510.05 Interest on Current Portion Long-Term Debt.