[pianotech] tolls

[Mike Spalding]

Wim,

I don't understand your math. 

I pay $10 in tolls.  If I don't recover it from the customer, and I do 
deduct it from my income tax, I recover about $3.50, so I'm out $6.50.

If I do recover it from the customer, and deduct it from my income tax, 
then I'd dead even. Plus, I have credit in SSA for $10 more income.  
HMMMMM...   Didn't lose $6.50, might get more social security - I'd say 
I'm better off passing it on to my customer.

Did I miss something?

Mike

wimblees at aol.com wrote:
> Tolls are a business expense. But if you collect them from a customer, 
> they become income, on which you have to pay Social Security. 
> You would have been better off not passing off that expense to 
> your customer.  
>
> Wim
>
> -----Original Message-----
> From: Leslie Bartlett <l-bartlett at sbcglobal.net>
> To: pianotech at ptg.org
> Sent: Fri, 10 Apr 2009 5:35 pm
> Subject: [pianotech] tolls
>
> I charged some tolls to a customer today, because I had to go through 
> about 12 of them round trip. Since they are "tax" anyhow, does that 
> figure into things? 
>  
>
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