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HUSBAND HAS A W-2 IM SELF EMPLOYED.
MY HUSBAND HAS A W-2 IM SELF EMPLOYED. IS THERE ANY BENEFIT TO HAVING CERTAIN DEDUCTION ITEMS IN HIS NAME ONLY AS WITH THE PANDEMIC, I HAD A LOSS THIS YEAR.
Hi jobejobie,
Expenses in your husband's name would not be deductible. Only the expenses that are incurred by you in the self employment would be deductible. This, in fact, could be good for you as it has the potential to reduce your overall taxes for the year.
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