I am trying to enter individual assets as expenses but theres no where to do that
every time i go into the business asset section and elect to expense the assets i purchased this year (instead of depreciate) it doesnt allow me to enter any item and instead sends me back to the main business menu. how can i enter my assets?
I am trying to enter individual assets as expenses but theres no where to do that
I assume you mean assets under $2500.00 each. Use "other expenses" on the Schedule C. List each item individually. This will provide you an accurate record of the items you elected to expense for future reference.
I am trying to enter individual assets as expenses but theres no where to do that
I assume you mean assets under $2500.00 each. Use "other expenses" on the Schedule C. List each item individually. This will provide you an accurate record of the items you elected to expense for future reference.
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