Berkeley CSUA MOTD:Entry 24449
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2025/07/09 [General] UID:1000 Activity:popular
7/9     

2002/4/16 [Computer/SW/Languages/C_Cplusplus, Reference/Tax] UID:24449 Activity:high
4/15    Is homeowner insurance premium deductable in federal or CA tax form?
        Thanks.
        \_ No.
        \_ Aren't you a little late in asking this question?  In case this
           helps you, the answer is yes, but only if you file schedule C.
           You have to be self-employed AND have a home office.  All the
           house related expenses related to the home office is tax deductable
           including repairs, insurance, termite control, etc.  The key is
           schedule C.  Don't even try it without a schedule C.  You'll get
           audited.   -self-employeed sodan
           \_ Thanks for the answer.  I use TurboTax, so it's pretty easy to
              add one more entry and re-print the forms before midnight.  Too
              bad I'm not self-employed.
           \_ so if I file a schedule C (with income from a 1099-MISC)
              how much can I reasonably use in my itemized deduction? eg,
              if it was for some computer programming consulting, can I list
              any computer equipment I bought, and things like bandiwdth
              costs?    - !op
              \_ yes, computers, internet access, mileage traveling to the
                 job, etc are all deductable.  They key is keeping written
                 records and act like you run a business.  Separate bank
                 account for the business, keeping expense books, etc.
                 Self-employment is the key to making a lot of money AND
                 paying very little taxes.  Hell, I can buy a brand new
                 car and depreciate that as a "company car" if I wanted
                 to.  - self-employed soda.
                 \_ well, I guess for next year... but doesn't that mean
                    that you have to file *alot* of other forms? I was
                    reading some of the IRS pubs about various other
                    self-employed-type forms that you need and there
                    seems to be a ton.  - aspiring self-employed sodan.
2025/07/09 [General] UID:1000 Activity:popular
7/9     

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