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FOR BHF USELL1
2023STATE OF ILLINOIS
DEPARTMENT OF HEALTHCARE AND FAMILY SERVICES
FINANCIAL AND STATISTICAL REPORT (COST REPORT)
FOR LONGER CARE FACILITIES
(FISCAL YEAR 2023)
I.DPH License ID Number:
Facility
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What is non allowable expense?
Non allowable expenses are costs that cannot be deducted for tax purposes. These expenses do not count toward business expenses that reduce taxable income.
Who is required to file non allowable expense?
Typically, businesses and individuals who have incurred non allowable expenses and are reporting their financials to tax authorities are required to file this information.
How to fill out non allowable expense?
To fill out non allowable expenses, individuals or businesses usually need to list the specific expenses, categorize them appropriately, and provide any supporting documentation as required by tax regulations.
What is the purpose of non allowable expense?
The purpose of reporting non allowable expenses is to provide transparency in financial reporting and ensure compliance with tax laws, indicating which costs cannot be used for tax deduction purposes.
What information must be reported on non allowable expense?
The information that must be reported includes the type of expense, the amount, the date incurred, and any relevant documentation that supports the claim that the expense is non allowable.
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