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Level 2
posted Oct 11, 2019 9:43:47 AM

Is postage a valid business expense if part of it is personal?

I submitted my personal taxes by mail and I am wondering if the postage is a valid business expense.  I have 2 jobs and my tax return includes both self employment income and also regular employee income? If it is a valid business expense do I deduct all of the postage or do I only deduct half since my tax return is part personal and part business?

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1 Replies
Level 15
Oct 13, 2019 10:38:07 AM

You'd be just fine in deducting that postage as a business expense in its entirety.  It can't be a substantial amount and was a necessary expense in filing your business tax return.

 

 

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