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soda can/bottle deposit,can it be a tax write off?


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i dont have any soda machines located yet,but will in the near future.

so was just wondering is the soda can/bottle deposit you pay when you purchase the sodas for a vending machine a tax write off/business expense,how does this work?

thanks,

rob

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i dont have any soda machines located yet,but will in the near future.

so was just wondering is the soda can/bottle deposit you pay when you purchase the sodas for a vending machine a tax write off/business expense,how does this work?

thanks,

rob

Yes, it is part of your purchase price or Cost of Goods Sold (COGS).

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