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Form 1040 (Schedule C) online Costa Mesa California: What You Should Know

These expenses are treated as regular business expenses. Business Travel (Schedule C (Form 1040), Schedule C-EZ) Travel expenses included on your Schedule C (Form 1040, Profit or Loss From Business) have income tax benefits. These include: Business meals, entertainment, lodging and transportation Professional license plates for vehicles Fees and other fees for your company's activities as a sole proprietor Your travel expense deduction is limited to the actual expenses you incurred to transport the goods or services; and If you file Schedule C-EZ (Partnership Income), you can't claim a business-use flight credit. However, there are a number of exemptions and tax preferences that may qualify you for a business-use flight credit. Consult with an office of your tax advisor for details. For additional information or to schedule an appointment, call or write to: Business Expenses. Internal Revenue Service Attn: Schedule D P.O.

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