Line 19 on Schedule C of the tax form relates to “Pension and Profit-Sharing Plans,” which refers to contributions you made during the tax year…
Posts published by “NoisyNosyNancy”
Line 20 on Schedule C of the tax form relates to “Rent or Lease of Vehicles, Machinery, and Equipment,” which refers to the cost of…
Line 21 on Schedule C of the tax form relates to “Repairs and Maintenance,” which refers to the cost of maintaining and repairing assets used…
Line 22 on Schedule C of the tax form relates to “Supplies,” which refers to the cost of items used in your business that are…
Line 23 on Schedule C of the tax form relates to “Taxes and Licenses,” which refers to the cost of taxes and licenses that are…
Line 24 on Schedule C of the tax form relates to “Travel and Meals,” which refers to the cost of travel and meal expenses incurred…
Line 25 on Schedule C of the tax form relates to “Utilities,” which refers to the cost of utilities incurred while operating your business. Utilities…
Line 26 on Schedule C of the tax form relates to “Wages,” which refers to the cost of wages and salaries paid to employees who…
Line 13 on Schedule C of the tax form relates to “Depreciation and Section 179 Expense Deduction.” It refers to the deduction you can take…
Line 27a on the Schedule C tax form relates to “Other Expenses,” which refers to any business expenses that do not fall into any of…