Jon_Are
Senior HTF Member
- Joined
- Jun 25, 2001
- Messages
- 2,036
When operating a home business, I understand what is deductible and how to compute it.
And, I understand that you may not deduct more than what you earn.
Here's my question:
If I earn, say, $10,000 on my home business, and $40,000 at my regular job...
does this mean that I can take up to $10,000 in home-business-related deductions? Or $50,000?
Thanks,
Jon
And, I understand that you may not deduct more than what you earn.
Here's my question:
If I earn, say, $10,000 on my home business, and $40,000 at my regular job...
does this mean that I can take up to $10,000 in home-business-related deductions? Or $50,000?
Thanks,
Jon