Start-up costs

[theoldprof]

Concerning starting with a new cargo van. Are the plywood, e-track, screws, etc required to get a van ready to expedite considered tax deductable expenses, or are they part of the cost of the van which will be expensed out using the mileage method?

Thanks. :+ :+

 

[Fkatz]

"Start-up costs"
Jan-07-06, 10:56 AM (EST)
Concerning starting with a new cargo van. Are the plywood, e-track, screws, etc required to get a van ready to expedite considered tax deductable expenses, or are they part of the cost of the van which will be expensed out using the mileage method?
Thanks.

Hi Oldprof again,

The answer is yes, you can put the total expense as supplies. this is where you use your misc deduction which include windex, paper towels, etc. Do Not use the line under Office supplies which are listed separately
Send me a direct e-mail and I will attach a deductiable listing for you. [[email protected]]

Frank