https://ttlc.intuit.com/community/taxes/discussion/i-have-a-supplier-who-billed-me-for-repair-cost-for-operating-equipment/01/2131132#M767124 this is equipment used for oil and gas Wed, 24 Mar 2021 21:50:09 GMT Sherif-Nafie 2021-03-24T21:50:09Z https://ttlc.intuit.com/community/taxes/discussion/i-have-a-supplier-who-billed-me-for-repair-cost-for-operating-equipment/01/2131132#M767124 this is equipment used for oil and gas Wed, 24 Mar 2021 21:50:09 GMT https://ttlc.intuit.com/community/taxes/discussion/i-have-a-supplier-who-billed-me-for-repair-cost-for-operating-equipment/01/2131132#M767124 Sherif-Nafie 2021-03-24T21:50:09Z https://ttlc.intuit.com/community/taxes/discussion/re-i-have-a-supplier-who-billed-me-for-repair-cost-for-operating-equipment/01/2131235#M767174 <P>Are you receiving royalty income from an oil and gas property? You can deduct expenses connected with your royalties, including repairs. TurboTax automatically calculates depletion.</P><P>&nbsp;</P><P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/c8160272-ef95-4e6b-be47-e6de2a08175e.default.png" style="height:512px; width:416px" /></P><P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif">**Say "Thanks" by clicking the thumb icon in a post</SPAN></SPAN></P><P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif">**Mark the post that answers your question by clicking on "Mark as Best Answer"</SPAN></SPAN></P> Wed, 24 Mar 2021 22:13:49 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-have-a-supplier-who-billed-me-for-repair-cost-for-operating-equipment/01/2131235#M767174 ErnieS0 2021-03-24T22:13:49Z https://ttlc.intuit.com/community/taxes/discussion/re-i-have-a-supplier-who-billed-me-for-repair-cost-for-operating-equipment/01/2133884#M768147 <P>I am an agent for a technology manufacturer company..&nbsp; they repair equipment for my clients and they charge me and I charge back my customers..&nbsp; I claim my charge to my customers as income, where do I claim the repair cost i got charged by the manufacturer.&nbsp; the same happens to technical support and spare parts.</P> Thu, 25 Mar 2021 17:57:42 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-have-a-supplier-who-billed-me-for-repair-cost-for-operating-equipment/01/2133884#M768147 Sherif-Nafie 2021-03-25T17:57:42Z https://ttlc.intuit.com/community/taxes/discussion/re-i-have-a-supplier-who-billed-me-for-repair-cost-for-operating-equipment/01/2140713#M770475 <P>Claim it on Schedule C as a repair cost as indicated above.</P> Sat, 27 Mar 2021 15:25:26 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-have-a-supplier-who-billed-me-for-repair-cost-for-operating-equipment/01/2140713#M770475 ColeenD3 2021-03-27T15:25:26Z