Tax season is upon us! Having finished my taxes for this year, here are some things I'd like to remember for next year:
- "Hobby expenses" can only be deducted if you made money from said hobby. (And, I imagine, you reported said income.)
- The purchase of your tax software can be deducted.
- The time (or "professional services") volunteered to a non-profit is not deductible.
- There is no need to file Schedule H if the household employee is self-employed.
I know that this is all very exciting information, but please remember that I'm a web developer, and you should consult an actual tax professional of some kind if you have any questions.
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