1099 Tax Deductions Explained (2023)

Thank you for this breakdown. Was recently offered a short contract and this is a first for me.

I’m glad I came across this video

Can you use tax deductions let’s say groceries and purchases like small stuff or share payment rent, electric, and gas?

Now do you need receipts for usage of those deductioms or can some be put in without receipts?

Thanks! ^_^

Simply Amazing. Thank You.

Thank you

I love how you get straight to the point

You're amazing!

I'm listening

how do you document and report the expenses. Like how do you calculate how much of a certain utility was used in a monetary value

Am I Allowed to say “I LOVE YOU”
I have just been unveiled. Is acquiring a “Business License” dependent on the state you live in?

I have been wanting to do 1099 work for a long time, but the fear of taxes keep me from it. I'm 74 and still working full-time. But know this contract will end in another year.. I still have to keep working because I have old medical bills and student loan ... can't retire. I have had other jobs sent to me. There are 1099 jobs that I've turned down because I don't know how to do the taxes. I have to learn this soon so that I can continue to work remote under 1099 and pay off bills so one day I can retire.. I know at 74 or 75 there's no way I can walk in and interview and compete with someone younger for a job. But I know I can continue to work remote and do 1099 work... And hopefully, travel cross cross country while I'm doing it. Thank you for the information. I'm gonna watch your other videos. I have to figure this out soon!

Thmks

Can u help ,,

I can use ur invoice,,auntie

Thnks

Thank you for explanation!!!

Thank you! This was incredibly helpful.

Thank you. Do independent insurance agents receive their 1099 from the insurance company (imo)? Is the equipment and leads that the agent purchases a tax deduction?