Question

In: Accounting

Which of the following expenses of a sole proprietor is not duducted on Schedule C? Advertising...

Which of the following expenses of a sole proprietor is not duducted on Schedule C?

Advertising

Work related education costs

Liability and property insurance for the business

Health insurance for the sole proprietor

Solutions

Expert Solution

Health insurance for the sole proprietor is not deducted on Schedule C. It is directly reported on Form 1040 Line 29
Option D is correct

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