Can I deduct expenses and take the standard deduction? Filing jointly with my wife and a majority of our income is through W-2's, but 10% of our income as self-employed.
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Can I deduct expenses and take the standard deduction? Filing jointly with my wife and a majority of our income is through W-2's, but 10% of our income as self-employed.
Can I deduct expenses and take the standard deduction? Filing jointly with my wife and a majority of our income is through W-2's, but 10% of our income as self-employed.
Yes. The standard deduction is completely separate from the business deductions you claim on your Schedule C.