21. Which of the following is generally not a deductible business expense on Sch

Question

21. Which of the following is generally not a deductible business expense on Schedule C? a. Office supplies b. Depreciation c. Rent d. Charitable contributions e. All of the above are deductible business expenses on Schedule C 21. Which of the following is generally not a deductible business expense on Schedule C? a. Office supplies b. Depreciation c. Rent d. Charitable contributions e. All of the above are deductible business expenses on Schedule C a. Office supplies b. Depreciation c. Rent d. Charitable contributions e. All of the above are deductible business expenses on Schedule C a. Office supplies b. Depreciation c. Rent d. Charitable contributions e. All of the above are deductible business expenses on Schedule C

Explanation / Answer

CHARITABLE CONTRIBUTION NOT ALLOWED AS DEDUCTION IN SCHEDULE C.

This schedule allows self employed or proprietorship business owner to report profit & loss of their business.

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