I worked as an independent contractor for a group practice of Therapists in LA while I lived in Brooklyn, NY. I worked from home and am looking for a list of possible deduction ideas and calculations. Can I deduct a portion of my rent? If so how much? Can I deduct the computer I purchased for work? Ect. THANK YOU!
You'll need to sign in or create an account to connect with an expert.
As an independent contractor, you are not considered an employee. This means that your income and expenses are reported on Schedule C Business Income and Expenses. Depending on the nature of the work you performed, your expenses can vary.
One possible expense would be a home office. The space used as your home office must be used exclusively for business and used regularly for business. Equipment such as your computer may be eligible as an expense, depending on whether it is used for other purposes or just work.
Take a look at the following TurboTax articles to learn more and see some examples of possible expenses that you may be able to claim:
What self-employed expenses can I deduct?
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
yaquelin2
New Member
Mike202411
New Member
narche01
New Member
ingadoinga1
New Member
pbarber
Level 3
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.