" I just started a new job where I am a independent contractor "
The reality is, you didn't just start a new job. You started a new business. As an independent contractor as far as the IRS is concerned all monies earn in that endeavor is self-employment income earned while you are in business for yourself. All of your income/expenses will be reported on SCH C as a part of your personal tax return.
So to claim business expenses, if using TTX online you will require the most expensive version, TurboTax Self-Employed. If using the CD/Desktop version then you can use Deluxe or higher.
As a self-employed person in business for yourself, it's on you to keep accurate and detailed records of all your business income and expenses so you can property report everything at tax time. Document absolutely everything, including any miles you drive for your business.
With the IRS, there's three rules to keep in mind when dealing with them.
- You are guilty until proven innocent.
- The burden of proof is on the accused (that's you), not the accuser.
- If it's not in writing, then it did not occur.
