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What is the best tax software to use when filing a 1099 tax form? Which will maximize my write-offs? |
I do part time consulting on the side, and my boss is paying me under a 1099 form. Now I've been told that you can write off a good bit of things when getting paid this way. Anyone have suggestions as to which tax filing software is the best to use when filing this way? I'm really not making enough at this part time job to warrant a tax professional to prepare my taxes, however I would like to know about any write-offs I can apply. There is no software that offers a complete list of every possible thing you can deduct. It would be next to impossible, since there are so many professions, and you can't deduct the same things for all of them. I can't deduct a hair dryer, but a hairdresser can, for instance. I know the answer to this, and it DOES make a difference- get the Premium/Premiere Turbo Tax- I got the basic one one year and I got audited. I got the Premium the next year and did not get audited and saved a lot, and it was a lot clearer. I prefer turbo tax there is a new current issue released for each coming year, some people like tax act and I am sure there are a host of others people may prefer on an individual basis.Myself and everyone I know are Turbo Tax people. How can a software maximize your deductions? Software takes you through the steps required to complete your tax return and it is you who has to put in the numbers. You must deduct only the actual expenses connected with your 1099 job. |
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