Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Income — Business Workout

Business Expenses In Scope for VITA/TCE

Skills Warm Up: Types of Business Expenses

Question 1 of 2

All of the following are deductible business expenses on Schedule C EXCEPT _____.

Long-distance telephone expenses
Interest paid on business loans
Legal and professional services and fees
Expenses for business use of the taxpayer's home