Tag: limo drivers

Adding Back Car Expenses for Car Service Drivers

Question: Will Fannie Mae allow car expenses [located on Line 9 of the Schedule C] to be added back to income for a sole proprietor? Answer: Unfortunately, you cannot.  You can also use form 1084 which specifically identifies how to calculate income for a Schedule C business. We have posted this link in the supporting […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top