This would mean computing the income you generated through passive activity and making the necessary
legitimate deductions from that figure.
I work for H&R Block, I'm a lab foster mom and have been deducting my expenses for 3 yrs now and it is a
perfectly legitimate deduction under charitable contributions.
Workers often prefer to be self - employed contractors because there may be more tax deductions available to them —
legitimate deductions or otherwise.
It's a relatively small amount compared to the total interest paid this past year but it's still
a legitimate deduction.
After all, maximizing
your legitimate deductions means minimizing the total tax liability of your business.
At the end of your lease the increased amount will be returned to you (subject to
legitimate deductions.
Are
these legitimate deductions i've been missing all along?