Skip to main content
April 14, 2025
Question

Can input income loss (in-kind contribution) as a business expense? I provided intellectual capital and was never paid on a business proposal.

  • April 14, 2025
  • 1 reply
  • 0 views
I provided intellectual capital and was never paid on a business proposal.

    1 reply

    April 16, 2025

    No, you can only deduct expenses that are paid for with monetary assets, you can't deduct the value of your intellect.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"