Is there a "benefit" to counting something as Hobby or misc/other income
vs business income? Or are these simply different categories to list
different sources of income?From what I understand, any income that you
make needs to be reported to the IRS...read more
I am self-employed, and my spouse is a full time W-2 worker.Both my son
and I are enrolled in my spouse’s company health insurance. We still pay
$900 after tax every month for the premium. Here is the research I
did:“If you have access to participate...read more
Hi, I am a freelance graphic designer working from home in the U.S., and
I plan to hire a foreign freelancer to produce video advertisements for
my business. Can I deduct the payment made to the foreign freelancer as
a business expense on my tax retu...read more
cat1221Posted a week ago
| Latest post Tuesday by
pk
I am self-employed. I entered my residence property tax for my home
office in the business section of my TurboTax Home & Biz. I also paid
property tax for a vacant lot I own not used in my business. There is no
line on Deductions & Credits section fo...read more
mannyestPosted a week ago
| Latest post a week ago by
tagteam
Hi, my Airbnb bookings were less than 7 days, and amounted to a total of
28 nights. This is my personal home. Do I complete a Schedule E or
Schedule C? I made about $10,500 in revenue
TREHNPosted February 14, 2024
| Latest post 2 weeks ago by
taxmodern
I am teaching on an online Platform but the tutors are responsable for
their own taxes. They don't provide us with any tax related information
or advice. How should I start? Do I need to have a separate bank account
for work?
cpb90Posted 2 weeks ago
| Latest post 2 weeks ago by
cpb90
Good afternoon, I have finally completed our information!!!! but now on
the Sign Your Return page it is asking for "Signature - 2023 e-filing
PIN" but it won't take our IRS PIN!! I get an error message telling me
there are too many digits! Please adv...read more
kare2k13Posted April 22, 2024
| Latest post 2 weeks ago by
VolvoGirl
Problem with TT2023 not recording rental income that is not on a
1099-MISC or a 1099-K. TT2023 will not record it, just keeps going back
to the Rental Income screen. If I select Other income not on a
1099-MISC, or a 1099-K, the amount won't record. I...read more
CinshaPosted 2 weeks ago
| Latest post 2 weeks ago by
DoninGA