2-010.01B1c(2) Operating Expenses Not Allowed

469 NAC 2-010.01B1c(2)

The following expenses are not allowed as operating expenses:

1. Depreciation;

2. Personal business expenses such as subscriptions, dues to professional organizations and unions, training courses, etc.;

3. Personal transportation;

4. Purchase of capital equipment;

5. Payments on the principal of loans; and

6. Business-related entertainment expenses.

If the 1040 document is used to verify income, the worker does not allow depreciation as a cost of operation and does not count capital gains and other gains from lines 13, 14, and 15 of Form 1040 as income.

(7/10/2000)