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Returning Member
posted Apr 13, 2020 7:07:16 AM

I'm unsure of how I'll need to do taxes for 2021. I switched jobs in January 2020 and will receive a 1099. What kind of tax deductions can I claim? I'm a delivery driver for Lowe's so I'm always on th

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Expert Alumni
Apr 13, 2020 7:31:20 AM

You will file a Schedule C to report your income and expenses from your self-employed work.  Since you will get a Form 1099-MISC, you are considered an independent contractor.

 

It is smart to plan ahead and keep track of your expenses throughout the year.  Take a look at the following TurboTax articles for some ideas about what expenses would apply to your situation.  Keep in mind this is just a guide and not a complete or restrictive list.

 

What self-employed expenses can I deduct?

 

 

@bseymour601