taxes, irs, 1099
2007-04-10 06:55:38 · 4 answers · asked by a_norcal 1 in Business & Finance ➔ Taxes ➔ United States
Do you work from your home? Use your personal vehicle for work? Do you pay for your own medical insurance? Do you pay for a beeper or cell phone that is used for work? Trade publications, uniforms, safety equipment, tools, etc....anything that your company does not reimburse you for is your expense.
Look at the IRS website (irs.gov) for a complete list, but pretty much anything that is required for you to earn money specific to your trade/profession. Get form 1040 and take a look at the schedule C.
2007-04-10 07:21:10 · answer #1 · answered by Maggie67 3 · 1⤊ 0⤋
Anything any small business can write off, since a 1099 can be considered a business of one employee. Travel expenses, advertising costs, etc.
2007-04-10 07:03:23 · answer #2 · answered by Amy V 4 · 0⤊ 0⤋
Get a schedule C and check it out. Go to IRS website and download the Schedule. I love schedule C. You can write off lots of fun things. People with W-2s are sheep.
2007-04-10 07:02:00 · answer #3 · answered by Anonymous · 1⤊ 1⤋
It really depends on what the income is for. Basically, any expenses required to earn the money.
2007-04-10 07:01:47 · answer #4 · answered by Judy 7 · 1⤊ 0⤋