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Get your taxes done using TurboTax
Being self-employed does by itself, bring an increased audit risk. IRS agents know that self-employed people sometimes claim excessive deductions and don't report all of their income.
Understanding your risk is important in your decision to claim your expenses. If you wish to proceed, make certain that you have well documented records. The IRS can disallow any deductions that you can't support with:
- Receipts
- Mileage logs
- Any other documentation
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‎June 4, 2019
10:26 PM
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