Generally, you are self-employed if you carry on a trade or business as a sole proprietor or an independent contractor, or you are otherwise in business for yourself (including part-time business),
A business expense must be both ordinary and necessary, in other words any expenses that is necessary to conduct your business or grow your business.
Here is a short list of deductions:
If you have question about whether something is could be categorized as income or expense, please contact us at 706-677-2700. We are here to help!