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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1 Best answer
Anonymous
Not applicable
Jul 12, 2020 12:22:08 PM
you report the loss on schedule C. it will reduce the taxable income from your wages.
1 Replies
Anonymous
Not applicable
Jul 12, 2020 12:22:08 PM
you report the loss on schedule C. it will reduce the taxable income from your wages.