Business Income & Expense Worksheet Page 2
ADVERTISEMENT
1
2BUSINESS EXPENSES
(continued)
: Ads, business cards,
EXPENSES
ADVERTISING/PROMOTION
(AWAY FROM HOME OVERNIGHT):
greeting cards, etc.
Lodging
*
: Contract labor
Meals & tips
COMMISSIONS & FEES PAID
keep total separate from other costs)
(
: Health insurance, company
Convention fees
EMPLOYEE BENEFITS
party, mileage reimbursements, etc.
Cruise ship convention/seminar
: Worker’s comp, business liability (do
INSURANCE
Airplane or train fares
not include auto/truck/health)
Auto rental, taxis or bus fares
:
Mortgage (on business bldg.):
INTEREST
Other
(incidentals, laundry, etc.)
Paid to financial institution
:
MEALS & ENTERTAINMENT
Paid to individual
Sales lunches
OTHER INTEREST:
Gifts
(limited to $25 per individual or couple)
(do not include auto or truck)
Tickets
List life insurance loans separately
Tickets to qualified charitable events
UTILITIES & TELEPHONE:
Business only credit card
Electricity
(business)
*
: Attorney fees for
LEGAL & PROFESSIONAL
business, accounting fees, bonds, permits, etc.
Natural gas/heating fuel
(business)
Postage, stationery, office
OFFICE EXPENSE:
Garbage, water, sewer
(business)
supplies, bank charges, pens, etc.
Telephone
(bus. line, second line, other options)
: Employees only
PENSION/PROFIT SHARING
Business long distance
(from home telephone)
*
:
Machinery and equipment
RENT/LEASE
Faxes, paging svcs, cellular svcs
Other business property
(bring your copy of W-2s/941s if they have
WAGES:
been filed)
*
: Building, equipment,
REPAIRS & MAINTENANCE
Wages to spouse (subject to Soc.Sec. and
etc.
(do not include auto or truck)
Medicare tax)
:
Misc. (not included elsewhere)
SUPPLIES
Children under 18 (not subject to Soc.Sec.
and Medicare tax)
Small tools
Other
TAXES:
Personal property
OTHER EXPENSES (not listed elsewhere):
Licenses
(not auto/truck)
Bank charges
Real estate of business building & land
Courier services
Sales tax
(if included in gross sales)
Dues & publications
Payroll
(your share Soc.Sec./Medicare)
Education
(number of nights away):
TRAVEL
City_________ Nights out ___ City_________ Nights out ___
Fuel for equipment (not auto/truck)
Laundry & cleaning
City_________ Nights out ___ City_________ Nights out ___
Printing & copying
City_________ Nights out ___ City_________ Nights out ___
Show Fees
City_________ Nights out ___ City_________ Nights out ___
Shipping
EQUIPMENT PURCHASED
Item
Date
Cost (including
Item
Additional
Traded with
Other
Business
Use %
Purchased
Purchased
sales tax)
Traded
Cash Paid
Related
Information
Property
*1099s: Amounts of $600.00 or more paid to individuals (not
Due date of return is January 31. Nonfiling penalty can be $150 per
corporations) for rent, interest, or services rendered to you in your
recipient. If recipient does not furnish you with his/her Social Security
business, require information returns to be filed by payer.
Number, you are required to withhold tax on the payment(s).
Name
Address
Social Security #
Amount
Purpose of Payment
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial