Is the time a put into marketing for my business as a sole proprietor considered a deductable expense?
Is the time I put...?
02400
2 Replies
Mike9241
Level 15
Feb 2, 2021 11:25:41 AM
it is not deductible.
AnnetteB6
Expert Alumni
Feb 2, 2021 11:35:38 AM
To expand a bit on the answer provided by Mike9241, time spent running your business is just a part of running your business. You cannot deduct a monetary value for time, no matter what business purpose it served.