I moved a business more than 400 miles.
Where do I enter the expenses associated with the cost to move equipment and inventory?
You'll need to sign in or create an account to connect with an expert.
Here's how to do this:
These items are in fact reported on Schedule C, provided your business is only owned and operated by you. (If you have another structure, such as a multi-member LLC, the procedure is very different because you have to file a different type of return altogether for the business)
Here's how to do this:
These items are in fact reported on Schedule C, provided your business is only owned and operated by you. (If you have another structure, such as a multi-member LLC, the procedure is very different because you have to file a different type of return altogether for the business)
Do I have to move my small business a minimum amount of miles to claim moving expenses?
No, if you moved your small business, it is simply a business expense that you can claim.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
KTKD
New Member
patmac59
Level 1
dgobusiness
New Member
jws1942
New Member
reneeannbauer
New Member