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Asta
Level 3

can you deduct self employed net loss from your W2 income(regular job)?

I am doing doordash for a part job. i just ran the number and figure out that i am losing net. Can i deduct loss net from my W2(regular job 8  - 5 )? Thank you!!!

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Anonymous
Not applicable

can you deduct self employed net loss from your W2 income(regular job)?

you report the loss on schedule C.  it will reduce the taxable income from your wages.  

View solution in original post

1 Reply
Anonymous
Not applicable

can you deduct self employed net loss from your W2 income(regular job)?

you report the loss on schedule C.  it will reduce the taxable income from your wages.  

View solution in original post

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