Comments on: How do record work you did for free on Schedule C? FOr example, free lawn care to a couple of customers? http://lawncarenut.com/how-do-record-work-you-did-for-free-on-schedule-c-for-example-free-lawn-care-to-a-couple-of-customers/ Your lawn care questions answered Sun, 06 Feb 2011 12:09:01 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: justwondering http://lawncarenut.com/how-do-record-work-you-did-for-free-on-schedule-c-for-example-free-lawn-care-to-a-couple-of-customers/#comment-239 justwondering Tue, 17 Jun 2008 05:02:39 +0000 http://lawncarenut.com/how-do-record-work-you-did-for-free-on-schedule-c-for-example-free-lawn-care-to-a-couple-of-customers/#comment-239 No it is not. You would have to record it as income and then could only write it off as a donation if it was to a registered charity (local shelter, church etc) You could write it off as a bad debt, but only after first recording it as income and making a reasonable attempt to collect. No it is not. You would have to record it as income and then could only write it off as a donation if it was to a registered charity (local shelter, church etc) You could write it off as a bad debt, but only after first recording it as income and making a reasonable attempt to collect.

]]> By: Nusha http://lawncarenut.com/how-do-record-work-you-did-for-free-on-schedule-c-for-example-free-lawn-care-to-a-couple-of-customers/#comment-238 Nusha Mon, 16 Jun 2008 02:16:32 +0000 http://lawncarenut.com/how-do-record-work-you-did-for-free-on-schedule-c-for-example-free-lawn-care-to-a-couple-of-customers/#comment-238 You would only enter your expense as you normally would. For example Gas & oil go on the "Fuel" line. It is not a donation and donations of time are not deductible. You would only enter your expense as you normally would. For example Gas & oil go on the “Fuel” line.

It is not a donation and donations of time are not deductible.

]]> By: Stefano C http://lawncarenut.com/how-do-record-work-you-did-for-free-on-schedule-c-for-example-free-lawn-care-to-a-couple-of-customers/#comment-237 Stefano C Sat, 14 Jun 2008 13:40:51 +0000 http://lawncarenut.com/how-do-record-work-you-did-for-free-on-schedule-c-for-example-free-lawn-care-to-a-couple-of-customers/#comment-237 You can donate your time to anyone you want to, but that doesn't mean you can put a value on it and count it as a charitable deduction. You got a business, now get a CPA. You can donate your time to anyone you want to, but that doesn’t mean you can put a value on it and count it as a charitable deduction. You got a business, now get a CPA.

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