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!