Thread: Tax Question!
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Old 04-13-2010, 10:39 PM  
vending_machine
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Join Date: Jun 2002
Location: Seattle
Posts: 1,065
If it's for your business you expense 100% of it assuming you have the receipt. If it's not, then don't expense it.

I wouldn't expense something I don't have an itemized receipt for, otherwise if you get audited you can say goodbye to that write-off.

Don't use TurboTax, get an accountant to actually complete your return. It's not much money and well worth it. A good one will advise you to make the right choices to try to avoid setting off red flags.
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