Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 11:10:09 AM

I rent a outside storage unit for equipment needed to run my moving business. Can I deduct the monthly cost as a business expense?

0 1 845
1 Replies
New Member
Jun 6, 2019 11:10:11 AM

Yes, you can deduct the rental as business expenses as long as the storage is used in conducting your business.

See the answer to the following FAQ on how to report your self-employed income and expenses:

https://ttlc.intuit.com/replies/3302122