Tax Write-Offs Explained | Tax Deductions for the Self-Employed

Keeper - Taxes made magical
Keeper - Taxes made magical
33.2 هزار بار بازدید - 3 سال پیش - Keeper is delightfully smart tax
Keeper is delightfully smart tax filing software that’s especially useful for people with 1099 contracting & freelance income.  Connect your bank to automatically uncover tax breaks & personalize.

Get started with the app: https://keeper.tax/e/find-write-offs
Our website: https://www.keepertax.com/

——————————————————————————————————

If you’re a freelancer, gig worker, or self-employed person, tax write-offs are your best friend. Know your way around them, and you can save around $2,000 on taxes every year.

Tax write-offs let you legally take your tax bill from jaw-dropping to manageable. You can think of them as a 15-40% discount on things you bought for work — everything from your phone to your car.

In this video, we’ll go over how tax write-offs for self-employed people work, and the most common write-offs you shouldn’t miss, like your phone bill and the software you use for work. Next, we’ll get into some expenses that you CAN’T write off —  even if it seems like you should be able to. (Here’s a sneak peak: Your outfit probably isn’t a write-off, unless you can ONLY wear it to work!)

TIMESTAMPS

0:00 - Intro
1:33 - What’s a 1099 tax write-off?
3:03 - Examples of tax write-offs
6:09 - Purchases that are not write-offs

——————————————————————————————————

SUBSCRIBE HERE

keepertax

Here at the Keeper channel, we create resources to help you save on your taxes. Subscribe to watch us break down your tax bill, dig into write-offs, debunk tax myths, and more.

#SelfEmployed #Freelancer #TaxDeductions

——————————————————————————————————

COMMON TAX WRITE-OFFS

For rideshare drivers: https://www.keepertax.com/tax-write-o...
For delivery drivers: https://www.keepertax.com/tax-write-o...
For real estate agents: https://www.keepertax.com/tax-write-o...
For online sellers: https://www.keepertax.com/tax-write-o...
For freelance designers: https://www.keepertax.com/tax-write-o...
And more: https://www.keepertax.com/freelancer-...

——————————————————————————————————

FREE TAX RESOURCES

1099 Tax Calculator: https://www.keepertax.com/1099-tax-ca...
How Much Should I Set Aside for Taxes?: https://www.keepertax.com/self-employ...
Quarterly Tax Calculator: https://www.keepertax.com/quarterly-t...

——————————————————————————————————

OTHER VIDEOS TO WATCH

Home Office Tax Deduction: Home Office Tax Deduction | How to Wr...
Business Meal Tax Deduction: Business Meal Tax Deduction | How to ...
How to Write Off Car Expenses: How to Write Off Car Expenses | Actua...
3 سال پیش در تاریخ 1400/07/01 منتشر شده است.
33,253 بـار بازدید شده
... بیشتر