Get your taxes done using TurboTax

Great questions!!

You can only claim expenses for the 1099 NEC/MISC jobs. 

And yes, on the 1099 NEC/MISC job, you can claim the veterinary conferences in order to fulfill your continuing education  credits to uphold your license.  And you can deduct the conference expenses (i.e. flights, registration fees, transit, food, etc) from your 1099s as an independent contractor.

I have a few links that I love and maybe they will help you understand income and expenses, estimated taxes and self employment tax (social security and medicare).

Self employment tax  Talks about social security and Medicare taxes

Self employment tax hub with calculator  Helps to answer questions and figure out if you need to pay estimated taxes

Self Employment income and expenses  Talks about income and expenses.

 

Since you are making income from 1099 NEC/MISC income, you might owe some taxes if you have not withheld enough from your W2 income.  I would suggest changing your W4 and add some extra withholdings on Line 4c.  This way you will not have to send in estimated taxes.  

W4 calculator

Form W4  Here is the actual form.  Look at this form and you will see line 4c.

 

Please give me a thumbs up if this was helpful.

Katie S.

 

Katherine S 63