Legitimate Tax Deductions for NotGraphs Writers




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Jeremy Blachman is the author of Anonymous Lawyer, a satirical novel that should make people who didn't go to law school feel good about their life choices. Read more at McSweeney's or elsewhere. He likes e-mail.


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Jon Elway
Guest
Jon Elway
2 years 2 months ago

Too minimalist for my taste.

Robert J. Baumann
Member
Member
2 years 2 months ago

I always wrote off part of my rent as “office space” and any computer repairs needed. I hope I don’t get audited.

Taxman
Guest
Taxman
2 years 2 months ago

There is a way to write this off. Whether SBE (2106) or Sch C, you can have expenses for the business use of your home. This includes renting or owning. The basic requirement for this is that you need to set aside an area of your home that is used exclusively for your job or business. Then you do one of two calculations (the second is fairly new). 1. Prorate your expenses based on square footage. 2. Take a set dollar amount of expenses (determined by IRS) per square foot you set aside.

Next year, do the taxes correctly and take the deduction. Then you won’t need to be afraid of an audit.

By the way, yes, I do this for a living. Cuz I’m the Taxman

John Elway
Member
2 years 2 months ago

Hay thanks Taxman! Now I can finally get a writeoff for my $@#@!ing fax machine.

Taxman
Guest
Taxman
2 years 2 months ago

A fax machine should be depreciated. You don’t need to use the Business Use of Home proration for it.

a eskpert
Guest
a eskpert
2 years 2 months ago

A friend of mine (in Canada) got a write-off for a trumpet that has his name and Company on it.

Yirmiyahu
Member
2 years 2 months ago

I would like to note that this is a 1995 tax return ($2,500 personal exemption, $3,900 standard deduction).

PsyMar
Guest
2 years 2 months ago

Also it says “1995” in the top-left, after the form number.

Taxman
Guest
Taxman
2 years 2 months ago

It also shows us the taxpayer itemized (and has some deductions taken), but it leads us to believe there are no deductions to take.

Yirmiyahu
Member
2 years 2 months ago

Clever.

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