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Is a franchise fee for a real estate agent deductible and B&O tax

 
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DS30
New Member

Is a franchise fee for a real estate agent deductible and B&O tax

Yes, you will be able to claim a business expense for your franchise fee and for the B&O taxes. You can include these business expenses under the Taxes and License section under Business Expenses>Other Common Business Expense

Please refer to this IRS link for more information about Business Expenses

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1 Reply
DS30
New Member

Is a franchise fee for a real estate agent deductible and B&O tax

Yes, you will be able to claim a business expense for your franchise fee and for the B&O taxes. You can include these business expenses under the Taxes and License section under Business Expenses>Other Common Business Expense

Please refer to this IRS link for more information about Business Expenses

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