- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Delaware State's Corporation Paperwork fees as deductible business expenses
Hi I was wondering what's the best category to put fees charged by the State of Delaware's Corporations Division for sending paperwork such as certificate of good standing or changing a registered agent. Would it be under "legal and professional" fees or "licenses and regulatory" fees? Thank you!
(Form 1120 - C-corp)
Topics:
June 29, 2020
1:14 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
@ineedtaxhelp2020 wrote:
Would it be under "legal and professional" fees or "licenses and regulatory" fees?
Enter it under Legal and professional. There is no such category on the actual Form 1120; TurboTax places it under Other deductions (line 26) and labels the expense as such (e.g., legal and professional).
June 29, 2020
2:36 PM
327 Views