- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Can I use my business solely for writeoffs
Posted on 4/7/24 at 5:10 pm
Posted on 4/7/24 at 5:10 pm
Board Accountants, I had/have an LLC business license in construction that I no longer use because I started working for another company. I've kept the business just in case I decided to start working for myself again, which at the moment seems very likely.
Last year, I spent over $12,000 in fuel and $8,400 in truck payments alone that will not be reimbursed. There are also about $3,000 in tools and around $6,000 in other expenses that I could normally write off.
Google says I can no longer claim fuel/vehicle costs as a write off on my personal taxes.
Is there any way to slide this over to my personal tax return?
Last year, I spent over $12,000 in fuel and $8,400 in truck payments alone that will not be reimbursed. There are also about $3,000 in tools and around $6,000 in other expenses that I could normally write off.
Google says I can no longer claim fuel/vehicle costs as a write off on my personal taxes.
Is there any way to slide this over to my personal tax return?
10
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News