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valliy
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Activity Feed for valliy
- Cheered Re: made sales in another state for MarilynG1. February 15, 2020 12:23 PM
- Posted made sales in another state on Business & farm. February 12, 2020 1:26 PM
- Posted Re: rent to own shed for Sole Proprietor home business on Business & farm. February 9, 2020 11:40 AM
- Posted rent to own shed for Sole Proprietor home business on Business & farm. February 9, 2020 10:45 AM
February 12, 2020
1:26 PM
I'm a sole proprietorship in MA; I have my items for sale in a store in NH. Do I need to claim the money I made from the sales in NH, if so where do I claim these?
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February 9, 2020
11:40 AM
there is no income so I'm not sure what I wold put under income. The shed is where I have my home business, I pay monthly 377.28 (355.09 + 22.19 tax).I finished the inside of the shed; it was just rough finished when I purchased it. Do I put the total of what I will pay when finished paying it off plus the total cost of improvements as the cost of the asset?
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February 9, 2020
10:45 AM
This is my first year filing as a Sole Proprietor. I have a rent to own shed I use 100% for my home business. I am trying to figure out where to put this information on my taxes. I have interest I pay every month along with the payment. I'm not sure if I should put the interest in as "mortgage interest" for just the business or do I not claim any payments and somehow claim shed under Assets to be depreciated?
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