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To: Svartalfiar

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You’re probably missing loads of deductions.

The sched C is important, obviously since that income is double-taxed (income tax and SS tax) but I usually have about the same amount on A and C.
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167 posted on 10/29/2017 5:21:54 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: editor-surveyor
You’re probably missing loads of deductions.
The sched C is important, obviously since that income is double-taxed (income tax and SS tax) but I usually have about the same amount on A and C.


I could be, but I don't have a lot of big-ticket items. My health/dental expenses are an eye exam and a box of contacts. Insurance (Tricare) is cheap and can go on Sched C. No home (buying one here soon though) so no mortgage interest. No student payments. Rent is a partial deduction on C for home office. Job expenses are C. I have some charitable giving but not several thousand.
Altogether it only added up to maybe $4000. (Sched C I was able to take off a good $1k or so.)

Any suggestions for deductions to maybe look for?
168 posted on 10/30/2017 7:58:37 AM PDT by Svartalfiar
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