All Questions
Tagged with self-employment expenses
10
questions
4
votes
0
answers
80
views
Calculating work from home expenses
I'm self-employed freelancer, and primarily work from home. I work more than 101 hours per month from home. I'm trying to calculate the proportion of my home expenses (energy bills, council tax, ...
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6
votes
3
answers
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US: how to prove business expenses?
I'm a freelance writer who works from home. My internet fees should count as business expense and be deducted from gross, but the question becomes how much? Since I also use internet for entertainment ...
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4
votes
1
answer
724
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Is a purchase still a Schedule C expense if its paid using a gift card?
I've made an Amazon purchase for my business (self-employed) solely using an Amazon gift card which I received for non-business reasons. Does this still qualify as a business expense on my tax return?
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16
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3
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Can I send back money I "loaned" from my personal account to business account?
I opened a self-employed business (in the UK). As a starting budget I sent £100 from my taxed salary to my business account to have something on it. Can I send it back from my business account to my ...
- 263
3
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0
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46
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How Should a US Expat in Vietnam Optimize Compensation Package to Maximize Net Pay?
I may have the opportunity to work on a project in Vietnam starting in early 2020, and am hoping to get some advice on how I should negotiate my compensation package with regard to taxes. I am a US ...
- 131
2
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0
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As a UK LTD Company should my allowable expense claims be inclusive of VAT
I'm starting a LTD company in the UK and have a question surrounding the way that allowable expenses are claimed.
I understand that this question has probably been asked numerous times but no matter ...
1
vote
1
answer
136
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Freelance Writer / First Year Paying Self Employment Taxes
This year I pay taxes on income earned in 2018 for freelance work I did for a foreign company. According to the IRS, because this was my first year, I didn't have a previous years income for quarterly ...
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-2
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2
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Can 1099 workers have "purchase" type expenses?
In the USA, say Jane is a 1099-type worker - she's self-employed.
She has various expenses which are generally deductions from her profit, but note that...
https://www.irs.gov/businesses/small-...
- 13.8k
5
votes
1
answer
136
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How does revenue shared with someone else go into my tax return in Canada?
I'm contracting to publish a game for someone on Apple's App Store. I will take 15% of the revenue, he gets 85%.
But Apple will report the full amount to the government. Let's say for example this ...
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0
votes
2
answers
306
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Can I deduct expenses incurred to earn side-income, while full-time employed - in Canada?
I've just been hired full time at a firm I used to independently consult at. As a sole proprietor, I'm used to writing off my home office space, various software subscriptions, equipment, web hosting,...
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