Have a Tax Question? Ask a Tax Expert
Hello! I am a CPA here to assist you with your tax questions. My goal is to provide you with excellent service today.
How are you today?
If you receive income that is not taxable, you would not be able to deduct the expenses associated with that tax-free income.
You can only deduct expenses that generate taxable income.
I'm truly sorry if this is not favorable in your situation. Please don't shoot the messenger!
Do you have any further questions about this matter?
If you have no further questions, will you please reply and let me know if I have provided you with excellent service?