dunbam01
Returning Member

Business & farm

Hi AliciaP1,  In the "Common Business Expenses" I entered values for advertising, computer supplies, insurance, legal, repairs, supplies, tools, training, and travel.   Once I click "continue", which brings me back to the  main deductions page, the total displayed there is not correct.  It's off by about $600.  I do have assets that I've listed in the "Business Asset Summary" section,  and they total up to ~$30,000 in depreciation.... roughly 4 times the common business expenses.  There doesn't seem to be any reason TT should conflate depreciation  with common business expenses.  Thanks