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  Sales and Use Tax
    Filing and Completing the Return

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  Filling out the sales tax return - can expenses be deducted?
  Question
 

Q. May I deduct my business expenses on the sales tax return?

  Answer
 

A. No. On the sales tax return you must report the gross receipts from all of your sales and remit the tax due on the gross receipts. The only deductions you may take on the sales tax returns are deductions for sales that are exempt from sales tax. To take deductions for those sales, you must complete the appropriate deduction lines. You may not deduct the expenses of doing business on the sales tax return. When you file your federal income tax return, you will be able to deduct business expenses when you complete Schedule C of federal Form 1040.

This answer is intended to provide general information concerning a frequently asked question about a current position, policy, or practice associated with the taxes administered by the Connecticut Department of Revenue Services.  It may include an informal interpretation of Connecticut tax law by the Department of Revenue Services (DRS).  However, it is not intended to serve as a legal ruling.

 
 
 
  
 
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