If you are a Sole Proprietor with employees, there are
numerous employee benefits that you can deduct on Schedule C. Are you aware of what those are? If not,
read on and get the scoop on this type of deductible small business expense.
First, let's discuss what should not be deducted on Line 14.
Note that the Schedule C description for Line 14 reads as follows: "Employee benefit programs (other than
line 19)." So we go to Line 19 and read "Pension and profit-sharing plans." In other words, do not include
pension plan expenses or other employer-provided retirement plan expenses on Line
Now on to the good news: what
kinds of expenses can you deduct on Line 14? Here's an overview of the most common types of employee
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