D
Dough
I've prepared our taxes for the past several years using TurboTax, since my
wife owned her own business (Mary Kay) and the corporate tax guy wanted an
exorbitant amount for his services... BUT.....
I'm about a month away from being a published author and I don't think
there's a subcategory in TT for me! Can anyone offer insights into which
deductions I can claim?
I don't plan to designate any portion of my home as a business office (was
too big a hassle with MK), but I do use the laptop, internet, postage,
mileage and cellphone for business purposes. Would buying books to use at
public appearances constitute "inventory"? Using copies to send out for
reviews be "personal use"?
Thanks in advance for any direction anyone can give me.
wife owned her own business (Mary Kay) and the corporate tax guy wanted an
exorbitant amount for his services... BUT.....
I'm about a month away from being a published author and I don't think
there's a subcategory in TT for me! Can anyone offer insights into which
deductions I can claim?
I don't plan to designate any portion of my home as a business office (was
too big a hassle with MK), but I do use the laptop, internet, postage,
mileage and cellphone for business purposes. Would buying books to use at
public appearances constitute "inventory"? Using copies to send out for
reviews be "personal use"?
Thanks in advance for any direction anyone can give me.