Site Navigation

Your Account

Choose Language

This houses general site questions, issues and feature requests.

208 Questions View all

Eld monthly subscription fees

What account should I book my monthly eld subscription fees to?

Answer this question I have this problem too

Is this a good question?

Score 0
Add a comment

1 Answer

On the Schedule C, Line 10 “Commissions & fees” is where I put mine. However, one could also argue they should be put on line 17, or 18, or 22. They really are all subjective, but having been through an audit, they don’t care where on expenses you put it, they only care that it’s really a valid expense. If you list your 75” UHD TV under supplies, office expenses, etc., it would be very difficult to validate that as a true expense in a trucking operation, unless you have 20 trucks or so and have a driver’s break room. So you see how fungible expenses can be.

Also, you no longer need receipts for items under $75, they just need to be logged. I put mine in an Excel spreadsheet itemized such as; windshield wiper, oil, etc..

Was this answer helpful?

Score 0
Add a comment

Add your answer

Nguptill will be eternally grateful.
View Statistics:

Past 24 Hours: 0

Past 7 Days: 1

Past 30 Days: 1

All Time: 23