Okay so I've read several posts on this subject but I still have some questions.
I started with PC in Feb., 2009. I've done a pretty good job on grocery receipts but not so good on receipts from Office Depot. I've kept all my receipts I just didn't write what it was for. Does this mean I shouldn't use it as a deduction? I can say that 90% of what I go there for is for printing of some sort but do I need to be able to specify between printing for flyers and printing for invitations?
I also bought a computer this year but I'm not sure how to assign a percentage toward business?
How do I enter things in P3 for tax purposes?
I bought my airplane ticket for Nat'l conference in 2010 in 2009 would I deduct that on 2009 or 2010 taxes?
If my office isn't used exclusively for PC but I have certain shelves that are then do I take the square footage and divide that by the total sf of the house and apply that towards utilities, etc?
Sorry this is so long but I'm beginning to get worried about tax time. Thanks.
jj16
I started with PC in Feb., 2009. I've done a pretty good job on grocery receipts but not so good on receipts from Office Depot. I've kept all my receipts I just didn't write what it was for. Does this mean I shouldn't use it as a deduction? I can say that 90% of what I go there for is for printing of some sort but do I need to be able to specify between printing for flyers and printing for invitations?
I also bought a computer this year but I'm not sure how to assign a percentage toward business?
How do I enter things in P3 for tax purposes?
I bought my airplane ticket for Nat'l conference in 2010 in 2009 would I deduct that on 2009 or 2010 taxes?
If my office isn't used exclusively for PC but I have certain shelves that are then do I take the square footage and divide that by the total sf of the house and apply that towards utilities, etc?
Sorry this is so long but I'm beginning to get worried about tax time. Thanks.
jj16