5 Most Overlooked Tax Deductions

Поділитися
Вставка
  • Опубліковано 1 жов 2024

КОМЕНТАРІ • 7

  • @robinodowd458
    @robinodowd458 6 років тому +2

    I'm doing direct sales and I'm employed outside of my home. How would deduction of mileage work in this situation? If I sell to people in my office, would the drive to work be deducted?

    • @kalebhgoodwin
      @kalebhgoodwin 3 роки тому +1

      The rule is commute miles cant be deducted. But the trick is... have a home office. Your commute is to your home office, than to your regular office at work. Now those miles are considered business travel, and are deductible.

  • @neojb7417
    @neojb7417 6 років тому

    So, say that you are not self-employed, but tele-work, for the Federal Government?

    • @DonRobertson82
      @DonRobertson82 6 років тому +2

      To deduct home-office expenses, you must use the area exclusively and on a regular basis, either as your principal place of business or a setting to meet or deal with patients, clients or customers.

    • @levedia
      @levedia 6 років тому +1

      what does he means by documentation ? Explaining what the business meeting was about ?

    • @cyclingqueenbee
      @cyclingqueenbee 6 років тому +2

      Noting the purpose of the expense, who you may have been meeting with, what was discussed...etc.