Wednesday, July 20, 2011
Your Questions About 1040
Mary asks…On your 1040 Tax return form, how do you write off your car that you use for you business?Does your company need to make a certain amount of income? Like how much money can you spend on the car and still have the 1040 cover it?Blog Design Journal answers:If you are in business for yourself, then you will be using the Schedule C. Then you have the option of depreciating the vehicle
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