Tell HN: Help restore the tax deduction for software dev in the US (Section 174)

Re:Tell HN: Help restore the tax deduction for software dev ... by kazinator on Monday June 09, 2025 @03:32PM (#44228442)

> If you pay a software engineer, that's not "really" an "expense", regardless of the fact that you paid them.

If I pay for ... pretty much anything whatsoever ... I cannot write it off my personal income tax here in Canada. Not housing, not food. Medical expenses will come off the bottom not off the top.

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Re:Tell HN: Help restore the tax deduction for software dev ... by abrichr on Monday June 09, 2025 @04:01PM (#44228781)

Corporate income taxes are treated differently than personal income taxes. You absolutely can deduct corporate expenses in Canada.

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Re:Tell HN: Help restore the tax deduction for software dev ... by kazinator on Monday June 09, 2025 @06:29PM (#44230251)

I didn't mention Canada in order to nonsensically compare corporate taxes in the USA versus personal income tax in Canada, but because it's a good idea to mention where you are if you're writing about taxes.

Yes, corps get all kinds of tax breaks, whereas individuals don't.

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Re:Tell HN: Help restore the tax deduction for software dev ... by MattRix on Monday June 09, 2025 @10:15PM (#44231788)

As a Canadian I still don’t understand what the point of your original comment was. We already know this thread is about a US rule.

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