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I pay $100.00 weekly to my tool suppliers how do i enter this?
If you are a W-2 employee, enter the total amount you paid to your tool suppliers in Form 2106 as a job-related employee expense. This is carried to Schedule A. You have to itemize deductions instead of using the standard deduction in order to use this deduction. If you are self-employed, the total paid to your tool suppliers is a deduction on Schedule C.
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I pay $100.00 weekly to my tool suppliers how do i enter this?
If you are a W-2 employee, enter the total amount you paid to your tool suppliers in Form 2106 as a job-related employee expense. This is carried to Schedule A. You have to itemize deductions instead of using the standard deduction in order to use this deduction. If you are self-employed, the total paid to your tool suppliers is a deduction on Schedule C.
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