I am compensated once-per-year. The City reports this as non-employee compensation and I subsequently pay self-employment tax. Is there a deduction that I might be missing?
I contribute to our 501(c)3 and deduct that as charitable expense. I also deduct mileage.
I pay for items to sell at our fire department bake sale.
Our state offers a $100 property tax credit for vehicle registration for being a volunteer firefighter.
Is there something I might have missed? What about the Mortgage Forgiveness Debt Relief Act of 2007?
