Register free!

The Green Industry's Resource Center



Reply
 
Thread Tools   Display Modes
  #1  
Old 01-18-2000, 05:40 PM
Currinson's Avatar
Currinson Currinson is offline
LawnSite Member
 
Join Date: Jan 2000
Location: MA
Posts: 90
I am a sole proprietor, Where on the schedule c do you put the fuel expense for mowers and equipment?<p>----------<br>Currin<p>
Reply With Quote
  #2  
Old 01-18-2000, 05:53 PM
Lazer Lazer is offline
LawnSite Bronze Member
 
Join Date: Jan 2000
Posts: 1,446
<p><br>
Reply With Quote
  #3  
Old 01-18-2000, 06:31 PM
GroundKprs GroundKprs is offline
LawnSite Bronze Member
 
Join Date: Dec 1999
Location: South Bend, IN
Posts: 1,969
Ours is included in equip maintenance, you could list separately on line 27 (recap of Part 5 on back page).<br>Also should file Form 4136 with your fed taxes if you kept separate track of equipment fuel. You can get credit of $0.184/gal. In some states you can also get state fuel tax refunded: in IN use form GR-4136: a separate filing direct to Dept of Rev to get $0.15/gal refunded directly. In Indiana you need to send in original receipts, and receipt format is explicitly defined.<br>Takes a little research, and a little time to track, but gas costs me $.334 less than pump price for equipment.<p>----------<br>Jim<br>South Bend, IN
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 05:49 AM.

Page generated in 0.06048 seconds with 9 queries