Question by SJBrew1: Federal income taxes; Can I deduct things paid for in cash? I run a small home based business. Can I write off supplies paid for in cash if I have the receipt, or do I need a cancelled check /bank statement AND the receipt for a deduction? Best answer: Answer by captn_carrotYes… Continue reading Federal income taxes; Can I deduct things paid for in cash?
Tag: Deduct
Q&A: I have a home based business which I can deduct a certain percentage of items.?
Question by Mrs.Melanie: I have a home based business which I can deduct a certain percentage of items.? Last year we put up a fence and a concrete patio. Can I take my home office deduction for those items? If so where would I document those costs? I’m filing on TurboTax. Best answer: Answer by… Continue reading Q&A: I have a home based business which I can deduct a certain percentage of items.?