No, it's a wash. If you made nothing else besides $10 you paid in tolls which you charged the customer for, at the end of the year your income/expenses would look like this: Income: $10 Expenses: $10 Profit Loss on Schedule C: $0 No taxes due of any type. David Love www.davidlovepianos.com From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf Of wimblees at aol.com Sent: Saturday, April 11, 2009 12:20 AM To: l-bartlett at sbcglobal.net; pianotech at ptg.org Subject: Re: [pianotech] tolls 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? _____ Check all of your email inboxes from anywhere on the web. Try <http://toolbar.aol.com/mail/download.html?ncid=txtlnkusdown00000027> the new Email Toolbar now! -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://ptg.org/pipermail/pianotech_ptg.org/attachments/20090411/c87d1246/attachment-0001.html>
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