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Can I deduct concrete material cost as a self employed concrete contractor?

 
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MarilynG
Expert Alumni

Can I deduct concrete material cost as a self employed concrete contractor?

Yes, your concrete would be a Business Expense, possibly under Supplies, since it gets used up.

Type 'schedule c' in the Search window, then 'Jump to schedule c' to enter your Business Income and Expenses.

Click the link for a detailed article on Reporting Business Income and Expenses to help you. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MarilynG
Expert Alumni

Can I deduct concrete material cost as a self employed concrete contractor?

Yes, your concrete would be a Business Expense, possibly under Supplies, since it gets used up.

Type 'schedule c' in the Search window, then 'Jump to schedule c' to enter your Business Income and Expenses.

Click the link for a detailed article on Reporting Business Income and Expenses to help you. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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