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Have the Thumbs Up From Your Accountant

If you've been taking your ehow article writing seriously, and properly you need to, you may find yourself pleasantly surprised by the income listed on your 1099 type ehow will send you this tax season. You are responsible to paying taxes on that money as ehow does not handle back taxes considering you are a freelancer, not exclusive worker. Some wonderful way to offset that is through listing tax deductions applicable to your ehow article paper.

Directions

things you'll want:

Tax Receipt Drawer Tax Accountant Evidence of Allowable Tax Kickbacks

1 Claim Your Home Workplace whereas a Tax Deduction

Claim your home office space as any tax deduction. If you boast a household office or section of your home in particular dedicated to your ehow article generation, you can state that space seeing that some tax deduction to offset your ehow income.


 * View assets below with any article I wrote on how to file your home office as a tax reduction.

2 State Your Computer as a Tax Rebate

Bring the receipt from your computer with you when you file your taxes. Your tax professional can then figure the depreciation about your PC, which you can then claim that value because a tax kickback.

3 Computer Repairs can be Applied as Tax Deductions

Maintain all receipts from having your computer repaired. This can be filed seeing that a tax deduction. That need to help take a tad of the sting apart from those down times and repair bills. Likewise, you could also state computer upgrades as long as they can be claimed being enhancements useful towards your pursuance of an earnings on ehow.

4 Several Writing Expenses Can be Claimed as Tax Deductions

File away all receipts to office supply items related to your article writing on ehow; paper and ink for printing hard copies of your documents, CDs for backing up your files, notepad also pens for taking notes, books plus even magazine subscriptions for researching. Use your imagination. If it's related to your writing, it need to be allowable as some tax reduction.

5 Document Promotion can be Used whereas Tax Kickbacks

Keep proof of advertising expenses. Internet and offline advertising expenses can be claimed as tax deductions as your ehow document revenue is based on traffic and advertisement income. This may be directly related to your ehow income. Right away you have an even better excuse to advertise your ehow articles! These promotional routes can vary from your own website (hosting fees, etc!), google adwords campaigns (indeed, I confirmed this in my tax accountant), even organization cards. Again, use your creativity plus retain those receipts.

6 A Camera can be a Good Tax Kickback with a Writer

Purchase a camera for getting photographs for your documents also declare that is as well. Additionally, you will be able to state this buy each and every year with the depreciation principle same since your computer. Likewise, if you prefer to use videos for your article creation, you may be capable to claim a video recorder or even software such as Camtasia with putting them together.

Tips & Warnings

Due to the complex nature about filing for residence office deductions, I suggest you use the assistances of some tax professional such as H&R Block at lowest until you've done this for some few long time and are more comfortable in what may be applied and what can not. Pay for any small plastic drawer to place on your desk to keep potential tax receipts on. You'll thank you later. Work from home taxpayers can sometimes be targeted with audits more often. Another reason to use a tax professional.

Resources

How to Subtract Your Home Office on Your Taxes

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Comments

missforty Feb 11, 2010 Very beneficial

nonar21 Feb 10, 2010 Thank you for the tips, they will be useful.

mysunnyshine Feb 06, 2010 These are wonderful tax tips with every little internet business, never just eHow. Nice suggestions!

rubberduckiemom Jan 20, 2010 I know this remains growing to sound silly, yet I hadn't even thought on having to pay taxes on this stuff. Janet you are truly a life saver! I will be putting this down as any favorite for next year!