Tax Tips for the Self-Employed
Whether you’re a seasoned business owner, newly self-employed or testing out a side-gig, TurboTax has you covered on tax tips, deductions, and tax forms for your business income. Rivermark breaks down a few ins and outs.
Common Write-Offs
Rideshare Driver
- Car repairs
- Insurance
- Mobile phone
- Even bottled water you provide for your fares
Freelance Designer
- Studio rental
- Tools & supplies
- Design association fees
- Home office space
Real-Estate Agent
- Marketing materials
- Mileage
- Home office space
- Even portions of real estate taxes, mortgage interest, rent, utilities, insurance, etc
Consultant
- Training courses
- Computer and software
- Business travel
- Mileage driving to see a client, heading to a meeting, or going to work from another location
TurboTax Self-Employed Has You Covered
TurboTax helps you get every self-employed tax deduction and dollar you deserve. Get expert help on demand, find industry-specific tax deductions – and get your biggest possible refund, guaranteed. As a credit union member you can save $15 on the TurboTax Self-Employed product, PLUS you get a one-year complimentary subscription to QuickBooks Self-Employed* to effortlessly track expenses, jobs and mileage throughout the year. Click here to access TurboTax and your savings!