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dmpokorny
New Member

Will the software prorate full-year expenses like utilities and taxes if the business only existed for 4 months or should I prorate the expenses?

 
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TaxGuyBill
Level 9

Will the software prorate full-year expenses like utilities and taxes if the business only existed for 4 months or should I prorate the expenses?

You need to prorate the expenses. Only enter the expenses for the business, which would be the amount for the partial year.

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TaxGuyBill
Level 9

Will the software prorate full-year expenses like utilities and taxes if the business only existed for 4 months or should I prorate the expenses?

You need to prorate the expenses. Only enter the expenses for the business, which would be the amount for the partial year.

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