can i write off business expenses if i am a W2 employee?

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can i write off business expenses if i am a W2 employee?

Is it possible to write off business expenses if i am a W2 employee?

2007-03-10 23:16:06 · 2 answers · asked by ondreforsure 3 in Business & Finance ➔ Careers & Employment

2 answers

Yes if you are running a business on the side even if you are employed full time. You also have to declare how much you earned from that part time business.

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2007-03-10 23:19:08 · answer #1 · answered by imisidro 7 · 0⤊ 0⤋

Yes. Consult a Tax Professional for what items are deductible relevant to your profession.

2007-03-10 23:19:09 · answer #2 · answered by peersignal 3 · 0⤊ 0⤋