Business Related Deductions
Use this list only if you are a self employed or an employee who itemizes deductions.
Give a brief description of each job or business, and for each, give separate amounts for all expenses, including:
Health insurance payments, if you did not have the option of being covered under an employer's plan
Cell phone charges
Cell phone cost (if purchased new phone)
Vehicle cost and date in service
Vehicle miles in 3 amounts - business miles (deductible), regular commuting as an employee, and personal
Internet fees
Home phone line expenses
Computer and printer
Utilities, including electricity used for heating, air conditioning, lights, computer or copier usage, etc.
Repairs, cleaning, or maintenance
Uniforms or work-only clothes
Dry cleaning
Equipment, including date of purchase
Office supplies - paper, printer ink, postage or shipping fees
Office rent
Home office expenses - utilities, purchase price of home or rental cost, mortgage interest, insurance, property tax, square footage of home and office
Supplies and materials
Cost of goods sold
Loss from casualty, disaster, or theft
Cost of meals during overnight travel
Meals and entertainment expense for business associates or clients
Travel costs - airplane, taxi, rental car, hotel, etc
Advertising, including membership dues and subscriptions
Website and hosting expense
Insurance
Union Dues
Estimated taxes paid during the year
Taxes - property tax, payroll tax, sales tax on items sold, etc
Legal fees
Previous year's accounting/tax preparation fees
Licensing and fees for business
Amounts paid to employees or independent contractors
Interest payments on business loans or credit cards
Other business-related expense
Use this list only if you are a self employed or an employee who itemizes deductions.
Give a brief description of each job or business, and for each, give separate amounts for all expenses, including:
Health insurance payments, if you did not have the option of being covered under an employer's plan
Cell phone charges
Cell phone cost (if purchased new phone)
Vehicle cost and date in service
Vehicle miles in 3 amounts - business miles (deductible), regular commuting as an employee, and personal
Internet fees
Home phone line expenses
Computer and printer
Utilities, including electricity used for heating, air conditioning, lights, computer or copier usage, etc.
Repairs, cleaning, or maintenance
Uniforms or work-only clothes
Dry cleaning
Equipment, including date of purchase
Office supplies - paper, printer ink, postage or shipping fees
Office rent
Home office expenses - utilities, purchase price of home or rental cost, mortgage interest, insurance, property tax, square footage of home and office
Supplies and materials
Cost of goods sold
Loss from casualty, disaster, or theft
Cost of meals during overnight travel
Meals and entertainment expense for business associates or clients
Travel costs - airplane, taxi, rental car, hotel, etc
Advertising, including membership dues and subscriptions
Website and hosting expense
Insurance
Union Dues
Estimated taxes paid during the year
Taxes - property tax, payroll tax, sales tax on items sold, etc
Legal fees
Previous year's accounting/tax preparation fees
Licensing and fees for business
Amounts paid to employees or independent contractors
Interest payments on business loans or credit cards
Other business-related expense