My regular job is full time salaried(W2), I got my real estate license(associated with brokerage) last year, this is a part time weekend job(commision based), I would like to claim expenses related to real estate exam, association/brokerage fees and other subscription expenses via Schedule C, can I do that? If so, how can…
When, if ever, can amazon 1099 nec income be offset by COGS in same yeat
Is there a way to change the answer to "Did you materially participate in the operation…" on line G on Schedule C? It defaults to "yes" and I see no place to change that.
Hi I'm working on the schedule C and I'm wondering what the best category and code to use for doordash and uber eats? Thank you
Hello, This is my first time using FreeTaxUSA. I am filing for the year 2021. I just filled out my profile information. I am inputting my W2 information. On my W2, it shows that I am a statutory employee. On FreeTaxUSA, it is "Statutory Employee - N/A" It says that it is not supported. What does this mean? Am I able to…
I freelance and prepare my own taxes. My employer sent me a 1099MISC and I went ahead to file my return before my employer notified me that it was the incorrect form - I should have been sent a 1099NEC. My employer is correcting this on their end and I will get a 1099NEC soon. My question is whether I need to submit an…
New business, LLC this year. 1. Looks like I can just append schedule C onto my regular taxes. 2. Bought a laptop with a business account and that's 100% for business. I assume I put that in a depreciating expense or similar? 3. Any other thing I will need to do on this? 4. Additionally filed a BOR registration. 5. Do I…
On the QuickThoughts app, I accumulated money through surveys that were under $400, which I received in Virtual Amazon Gift Cards that can only be redeemed on Amazon. Overall, I can't reserve any cash from the money earned from QuickThoughts because it was obtained in Virtual Amazon Gift Cards, which limits my ability to…
If I offer proofreading on Fiverr and I haven't earned anything yet but they require me to file a W-9 to start offering proofreading services on Fiverr's platform, will that income be considered a hobby or business income?
my husband wrote a book and we paid money to the publisher up front in full. How would I deduct this on my taxes? Will it be a one time deduction or over years and if over years, how do I figure the amount for each year? income from it I think would be Scheduled C? Thanks!
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