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Level 2
June 6, 2019
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Self employed tax question

  • June 6, 2019
  • 4 replies
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my wife works remotely for a university in a different state than we reside. 100% work from home. They do not provide health care or other benefits (401k, etc) as part of her consulting. We received a W-2 for this income. I would like to claim this as a self-employed business with expenses, but not sure I can since we received a W-2 from the university. How should I account for home business expenses related to this transaction?
Best answer by

If she received a Form W-2, you can't reclassify it as self-employment income. Any business expenses would go on Form 2106 Employee Business Expenses. It flows to Schedule A Itemized Deductions.

4 replies

June 6, 2019
Since your wife received a W-2 you would need to input that information, and you were wondering how to enter home office expenses??
Level 2
June 6, 2019
yes, how to claim home office expenses. In prior years I've had minor employment related expenses to claim, but was not self-employed. This year, being 100% work from home, with no benefits, I assume it is better to claim this as a self employed business, and not simply as an employment related expense.
June 6, 2019
You can follow the steps below to enter your home office expenses.
Answer
June 6, 2019

If she received a Form W-2, you can't reclassify it as self-employment income. Any business expenses would go on Form 2106 Employee Business Expenses. It flows to Schedule A Itemized Deductions.