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.
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.
What deductions are you considering? They are limited or non existent for a W-2 employee.
we are moving our residence.. Donations to Goodwill, etc. since I have a loss, should the recipt for things like this be in his name or does it matter? Also is there any moving expenses for myself that are deductible? I had a home office in 2020-2021
Donations are deductible only if you itemize. I assume you file jointly. See here for moving expenses.
https://www.irs.gov/help/ita/can-i-deduct-my-moving-expenses