Self employed

[Kierrabgreen98]

What are tax write offs for self employed and are receipts the only acceptable form of proof for example gas, supplies that were bought?

[Donna F 77 · Accepted solution]

There are numerous expenses that self employed taxpayers can claim on their tax returns.  Some of these include supplies, office, postage, advertising, legal & professional, rent, and auto.  Here's a link that breaks down expenses by different types of self employment:

https://ttlc.intuit.com/turbotax-support/en-us/help-article/self-employment-taxes/self-employed-expe...

Another good reference is the IRS Small Business website.  Here is the link for it:

https://www.irs.gov/businesses/small-businesses-self-employed

Receipts are generally required for record-keeping purposes.  If audited, you may need to produce the receipts and/or business bank statements showing the activity of the business.