Can I deduct IFTA on my schedule C?
Can I deduct IFTA taxes on my Schedule C?
Is this a worthwhile discussion?
Yes, any IFTA expenses you have are 100% tax deductible. I usually keep a folder labeled taxes and licenses and keep my ifta paperwork in this folder. Any IFTA expense gets added up and is deducted from my gross revenue. If you have a more specific ifta question just ask and I'd be happy to answer.
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