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Question

STORAGE FEE FOR A BOAT for a charter business_also a Line 27 item?

Should I put the dry slip storage fee for a boat also on Line 27 Schedule C?

It seems such a common expense.

Yet it doesn't fit under any of the categories / lines on Schedule C.

I think Storage should be a line on its own!

There must be 100s of 1000s of Americans (businesses) storing items, and vehicles and big tools and so on,

on other people's property, so it is not a rent, otherwise the fee could go under Lease or Rent Line 20b.

My son stored his boat on a someone's personal property. Now how do I deduct that expense?

My list of "Other Expenses" is already getting so loooooong ....

Employee

Sure you can use line 27 if nothing else fits.

Thank you. And I will.

It is just that my Line 27 is getting so long.
It just doesn't feel right that so many items end up there.

rent line 20b would also be appropriate and perhaps you are doing too fine of a breakdown in expenses.

you may want to read the schedule C instructions as to what may go on each line

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