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Deductions & credits
In the past, the LLC fully reimbursed. As such, the members then included that on their personal income tax under their vehicle expense, showing the reimbursement. So, it reduced what they could deduct on their vehicle. My thought is that I just place the unreimbursed expenses under other expenses on the business return, but just wanted to be sure that's where I should put it.
‎January 7, 2024
7:37 AM