Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 03-23-2015, 07:42 PM
Junior Member
Join Date: Mar 2015
Posts: 1

Hey all, I looked around but I didn't see anything related to my questions.

I'm from NC and I design furniture. This is the catch. I work for a company and I also receive royalty quarterly on what I design. Of course 90% of my job is not royalty based but when I do design it's royalty based. Now, my question. what are my possibly deductions? like mileage, supplies that I use at home when I'm working there, rent from my home, etc..

let me know if I need to provide more information to better explain what I do if this is not clear.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Tax on royalty obtained from foreign source District177 Income 1 03-23-2015 11:25 PM
Royalty Depreciation lagal For 2014 0 02-12-2015 08:36 PM
Schedule E Royalty Income teague6403 Rental Real-Estate 4 01-23-2014 11:44 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning