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Old 01-12-2010, 03:58 PM   #11
1moreTRich 1moreTRich is offline
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Join Date: Nov 2005
Location: Wichita, KS
Casino cash: $10009560
Quote:
Originally Posted by dj56dt58 View Post
I run an online shoe store and have read that I can claim shipping expenses on tax deductions. So what I'm wanting to verify is if I ship the shoes to my customer for free, can I claim the amount I paid to ship them off my tax deductions? Thanks for any advice, I can't seem to come up with a constant answer anywhere.
CPA here, there is no problem deducting this expense assuming you are claiming the income. I am guessing you are a sole proprietor and will need to file a Sch C, but need more info to be 100% sure.
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