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#3
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| Mike Wellman wrote: - quote - > John Bliss <jbliss1...[at]gmail.com> wrote:
....but they are subject to the 2% AGI floor.> > I am a software contractor. I work for many clients during > > the day and can pass the IRS test of "self employed" (I > > control my work, my hours, even bring my own equipment > > etc.). However, possibly due to a recent Microsoft lawsuit, > > most clients I work for are refusing to hire 1099 > > consultants and instead offer W2 through another > > "pass-through" temp agency. > > > Needless to say, this is not good news for people like me, > > despite the obvious advantages of W2. > > > The question I have is: What are the possible legitimate > > employee unreimbursed expenses that a person in my shoes > > still claim, but which people may not realize. > They are the same expenses you have been deducting on your > Schedule C - they just move to the Schedule A. Sucks, doesn't it? << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- > |
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#2
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| "Mike Wellman" <irsfixer[at]aol.com> wrote: - quote - > John Bliss <jbliss1...[at]gmail.com> wrote:
but you are less likely to derive the same benefit of those> > I am a software contractor. I work for many clients during > > the day and can pass the IRS test of "self employed" (I > > control my work, my hours, even bring my own equipment > > etc.). However, possibly due to a recent Microsoft lawsuit, > > most clients I work for are refusing to hire 1099 > > consultants and instead offer W2 through another > > "pass-through" temp agency. > > > Needless to say, this is not good news for people like me, > > despite the obvious advantages of W2. > > > The question I have is: What are the possible legitimate > > employee unreimbursed expenses that a person in my shoes > > still claim, but which people may not realize. > They are the same expenses you have been deducting on your > Schedule C - they just move to the Schedule A. expenses due to the 2 % floor of AGI, which frequently yields a ZERO deduction << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- > |
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#1
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| "John Bliss" <jbliss1234[at]gmail.com> wrote: - quote - > I am a software contractor. I work for many clients during
If the agency that you work for allows you to work for more> the day and can pass the IRS test of "self employed" (I > control my work, my hours, even bring my own equipment > etc.). However, possibly due to a recent Microsoft lawsuit, > most clients I work for are refusing to hire 1099 > consultants and instead offer W2 through another > "pass-through" temp agency. > Needless to say, this is not good news for people like me, > despite the obvious advantages of W2. > The question I have is: What are the possible legitimate > employee unreimbursed expenses that a person in my shoes > still claim, but which people may not realize. than one client during a single work day, you are still entitled to a mileage deduction from the first job location to the second location and so on until the final location each day. See if the employer is willing to pay this mileage on an expense account, and then you will get non-taxable extra income. Kent Burghard, Cordova TN << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- > |
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| John Bliss <jbliss1...[at]gmail.com> wrote: - quote - > I am a software contractor. I work for many clients during
They are the same expenses you have been deducting on your> the day and can pass the IRS test of "self employed" (I > control my work, my hours, even bring my own equipment > etc.). However, possibly due to a recent Microsoft lawsuit, > most clients I work for are refusing to hire 1099 > consultants and instead offer W2 through another > "pass-through" temp agency. > Needless to say, this is not good news for people like me, > despite the obvious advantages of W2. > The question I have is: What are the possible legitimate > employee unreimbursed expenses that a person in my shoes > still claim, but which people may not realize. Schedule C - they just move to the Schedule A. << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- > |
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#-1
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| I am a software contractor. I work for many clients during the day and can pass the IRS test of "self employed" (I control my work, my hours, even bring my own equipment etc.). However, possibly due to a recent Microsoft lawsuit, most clients I work for are refusing to hire 1099 consultants and instead offer W2 through another "pass-through" temp agency. Needless to say, this is not good news for people like me, despite the obvious advantages of W2. The question I have is: What are the possible legitimate employee unreimbursed expenses that a person in my shoes still claim, but which people may not realize. << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- > |
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| contractors, question, tax |
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