Home  >  Community  >  Yahoo Auctions  >  Is 'funny money' deductible?
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 bearmom
  		posted on February 27, 2001 12:46:13 PM new
I've been doing taxes and wondering about this. Can you deduct the money you spend on Yahoo auctions as a business expense, when you are using credits?

 
 stockticker
  		posted on February 27, 2001 01:38:26 PM new

I assume if you deduct use of funny money as an expense, you will also have to declare the receiving of funny money as revenue. The two cancel.
 
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