David Hanson
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Ok that means I should make my clients buy all the materials. That way I will show less income. They re-imburse me for my expenses i.e. appliances, lighting fix...
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I understand what Volvo girl is explaining. My question lies within the tax ratio. For instance, I buy a 2x4 for 5 dollars, I install it for my client. I claim ...
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I did a test. I put gross income at 100K. Then, I put 10K into box 38 Schedule C. I got 3,049.00 credit. That means when I buy an appliance for a client, I'm go...
Activity Feed for David Hanson
- Posted Re: Schedule C on Business & farm. May 5, 2025 4:38 PM
- Posted Re: Schedule C on Business & farm. May 5, 2025 4:22 PM
- Posted Re: Schedule C on Business & farm. May 5, 2025 4:05 PM
- Posted Schedule C credit on materials. I put in what I paid for materials and am only getting about 30% credit. Why? on Get your taxes done using TurboTax. May 5, 2025 3:53 PM
- Posted Schedule C on Business & farm. January 17, 2022 2:56 PM