ThomasM125
Expert Alumni

Deductions & credits

No, actually the investment income earned should be reported as personal income, not on the business tax schedule. So, you can't deduct the investment expenses on the business tax schedule as the investment income isn't listed there, on the schedule C in this instance. Even if you use business profits to acquire the investments in the name of the business, they are not considered business investments as far as reporting the associated income is concerned.

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