NamePros.Com - View Single Post - Tax Deductions For PPC Income...help please

Please help me to understand this....

I assume I can deduct the registration fees on my tax return for all names I have listed with a PPC company even tho many of them are not earning income.

I also assume I can deduct the yearly renewal fees for all domains listed with PPC companies even if all of them don't receive income.

In other words, if I have just a few domains earning money can I deduct the expenses of the complete list on my return or must I just deduct the expenses of the ones making money?

I think the schedule C form is the correct one to use to report PPC income and expenses on the 1040 return....am I right....is that what everybody uses? I would appreciate any answers you have for these questions....thanks

09-19-2007, 10:58 AM	· #1
nstalk NamePros Regular Trader Rating: (1) Join Date: Apr 2006 Posts: 327 NP$: 100.00 (Donate)	Tax Deductions For PPC Income...help please Please help me to understand this.... I assume I can deduct the registration fees on my tax return for all names I have listed with a PPC company even tho many of them are not earning income. I also assume I can deduct the yearly renewal fees for all domains listed with PPC companies even if all of them don't receive income. In other words, if I have just a few domains earning money can I deduct the expenses of the complete list on my return or must I just deduct the expenses of the ones making money? I think the schedule C form is the correct one to use to report PPC income and expenses on the 1040 return....am I right....is that what everybody uses? I would appreciate any answers you have for these questions....thanks Please register or log-in into NamePros to hide ads