- Types:
- show 11 types...
- hide 11 types...
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business expense, trade expense
ordinary and necessary expenses incurred in a taxpayer's business or trade
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interest expense
interest paid on loans
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lobbying expense
expenses incurred in promoting or evaluating legislation
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medical expense
amount spent for diagnosis or treatment or prevention of medical problems
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non-cash expense
an expense (such as depreciation) that is not paid for in cash
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moving expense
the cost of moving your residence from one location to another
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budget items, operating cost, operating expense, overhead
the expense of maintaining property (e.g., paying property taxes and utilities and insurance); it does not include depreciation or the cost of financing or income taxes
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personal expense
the cost of personal or family living
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organization expense
the cost (over a period of five years) of organizing a new corporation or partnership
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promotional expense
the cost of promoting a product
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depreciation, wear and tear
decrease in value of an asset due to obsolescence or use
