Skip to main content
Level 1
June 1, 2019
Solved

Is a franchise fee for a real estate agent deductible and B&O tax

  • June 1, 2019
  • 1 reply
  • 0 views
No text available
Best answer by DS30

Yes, you will be able to claim a business expense for your franchise fee and for the B&O taxes. You can include these business expenses under the Taxes and License section under Business Expenses>Other Common Business Expense

Please refer to this IRS link for more information about Business Expenses

1 reply

DS30Answer
Level 12
June 1, 2019

Yes, you will be able to claim a business expense for your franchise fee and for the B&O taxes. You can include these business expenses under the Taxes and License section under Business Expenses>Other Common Business Expense

Please refer to this IRS link for more information about Business Expenses