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fettstyle75
New Member

Can I exclude my expenses for my small business?

 
2 Replies
xmasbaby0
Level 15

Can I exclude my expenses for my small business?

Why do you want to do that?  You have to report your expenses along with your self-employment income.  You cannot 'fudge" the expenses in order to increase your earned income credit or make your income look better for a lender, etc.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
fettstyle75
New Member

Can I exclude my expenses for my small business?

A simple no will do if that's the case, I don't appreciate the accusation. I simply don't have all the information thank you..

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