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Reporting invoices with both rental and service charges
December 14, 2021
Q. For certain projects our county rents toilets and handwashing stations. The invoice breaks down the rental amount, service amount and waste disposal amount. Would these charges all be reportable as rent? I am inclined to think that in order to rent the equipment, the vendor would have to provide the services any way so I was going to report them on line 1 but want to make sure.
A.
(Answered by a 3rd party, independent advisory services firm offering experienced and practical help for tax…
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