jgcpa
Level 4
08-23-2020
08:25 PM
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Attorney bills client for expenses . Should these reimbursements be reported in gross receipts in Sch C and then deducted in Cost of goods sold ( Other costs line 39 Part III)? Or in gross receipts and in Part II expenses of Schedule C? Or not reported since they net to 0?
Thank you for your advice!
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