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Get your taxes done using TurboTax
I have expenses I paid for out of my company account, which is not deductible
There are so many ways to interpret your post, I don't know where to begin.
What kind of business? Sole proprietorship? Single member LLC? Multi-member LLC? S-Corp? C-Corp? Partnership? Something else?
What expenses? Business expenses? Personal expenses? Maybe it's an unqualified reimbursement?
Where are you trying to claim this deduction? Your personal tax return? The SCH C on your personal tax return? On a 1065 Partnership return? Maybe an 1120 or 1120-S corporate return?
Without more details, I've have to write a novel to cover all the possibilities.
‎September 15, 2020
5:41 PM