Accountancy, asked by monumahato1580, 4 months ago

income tax is business expenses true or false

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Answered by prithivkumar2008

1

Answer:

true....................

Answered by kumaripuja79

1

Answer:

True. Self-employed taxpayers can choose between claiming a deduction or a credit for the employer portion of self-employment taxes paid. ... All business expense deductions are claimed as "above the line" deductions.Necessary means that the expenses help in doing business are appropriate and a business owner might not be able to ...

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