I used student loan money to purchase expenses for school that is also being used for my self-employed business. Can I write off these expenses as business deductions?
The expenses I paid for are required for my education, but they are also being used for my self-employed business. Thanks for your help on this!
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1 Best answer
KrisD
Intuit Alumni
Jun 5, 2019 4:27:18 PM
You can use the expenses towards an education credit, or as a business expense, but not both.
1 Replies
KrisD
Intuit Alumni
Jun 5, 2019 4:27:18 PM
You can use the expenses towards an education credit, or as a business expense, but not both.