@firstaidpc wrote:
It took $402.00off the amount owed instead of $1850.
Why am I paying income tax on $1850 of job material costs?
The TAX on $1850 is $402. That is why when you added the $1850 as a deduction, it saved you $402.
You don't really expect your taxes to be decreased by $1850 for $1850 of expenses, do you? The government isn't paying 100% for your expenses. You just don't pay TAX on that amount.
