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I'm a business coach. I plan to write a book to market my business. How much of my book writing, editing, printing, etc costs are expenses for Sch C, line 8: Advertising?
In the year 2020, lots of us independent Sch C business people often hear that- "Your book is your new big business card. So you need to write a book."
How much of the cost to write, produce, edit, print, etc. my business book is a business expense under Sch C, line 8: Advertising expenses?
OR Does the cost of producing my business book go somewhere else on my Sch C?
Please advise. Thanks!
How much of the cost to write, produce, edit, print, etc. my business book is a business expense under Sch C, line 8: Advertising expenses?
OR Does the cost of producing my business book go somewhere else on my Sch C?
Please advise. Thanks!
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‎September 19, 2020
6:06 PM