qbteachmt
Level 15
04-16-2021
06:39 PM
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It seems likely this should all be Schedule C. You stated this is in line with what they do for a living.
"And /or since he did keep track of his time and what he would have charged, do I put some of it on a schedule C"
You can't treat time as expense. Only actual Payroll is expense. The time was Invested and the sale is proof of the worthiness of the effort.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers