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New Member
posted Apr 14, 2025 4:39:57 PM

Can input income loss (in-kind contribution) as a business expense? I provided intellectual capital and was never paid on a business proposal.

I provided intellectual capital and was never paid on a business proposal.

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1 Replies
Expert Alumni
Apr 15, 2025 6:09:05 PM

No, you can only deduct expenses that are paid for with monetary assets, you can't deduct the value of your intellect.