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Ms. Toad

(34,060 posts)
11. If you believe the bill cuts business expenses
Tue Dec 5, 2017, 11:50 AM
Dec 2017

You are confusing business expenses schedule C expenses with unreimbursed employee business deductions (schedule A).

Only schedule A deductions (personal expenses an employee incurs that their employer does not reimburse) were cut, not the ordinary operating expenses of a business. Your husband is not an employee -so he does not have unreimbursed business expenses - his expenses are all costs of running a business, that reduce the (taxable) net profit of the business.

Read the article. You are not the only one confused by bad communication about what is in the bill-but believing that the costs of running a business were decimated by this bill is the result of confusing changes to schedule A deductions (slashed) with schedule C costs of running a business (not slashed)

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