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. Post Office Employees' Credit Union breaks down a few ins and outs.

Common Write-Offs

seamstress-stitching-clothing-item-on-sewing-machine-3771080.jpg

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

self-employed-male-mechanic-working-in-garage-3822900.jpg

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!

When you are ready to start working on your taxes, click here to access TurboTax and your savings!

Guest User