Labor for a deduction?

I don't take a check can I use my labor at say 10 dollars per hour and take that deduction for a labor cost. I am totally self employed.

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Labor for a deduction?

No, you cannot deduct your own labor cost, ever. That is not allowed per the IRS, unfortunately. And you cannot report your income "estimating" your own labor, either.

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Labor for a deduction?

No, you cannot deduct your own labor cost, ever. That is not allowed per the IRS, unfortunately. And you cannot report your income "estimating" your own labor, either.

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