If we had a repair done in Dec and payed for it on the credit card, do I put it on this years taxes or next?
TomCopeland 01:38 PM 01-03-2014
Originally Posted by mema:
If we had a repair done in Dec and payed for it on the credit card, do I put it on this years taxes or next?
When you signed the credit card in December, that means you obligated yourself to pay it in 2013, even though you paid the bill in 2014. Claim it as an expense in 2013.