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Posted by Haskel LaPort on April 5, 2008, 8:25 pm
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>I am an employee of a public agency and also do a little consulting on
> the side. Some of my expenses, e.g., subscriptions to professional
> journals, dues to professional organizations, I could claim as either
> Schedule C business expenses or employment-related expenses on Form
> 2106. Is there any advantage of one over the other?
You get a bigger bang for your buck by deducting it on your C because it
lowers your AGI (Posible greater Medical and Miscellaneous Deductions due to
their floor) and self employment taxes
>
> --
> << ------------------------------------------------------- >>
> << The foregoing was not intended or written to be used, >>
> << nor can it used, for the purpose of avoiding penalties >>
> << that may be imposed upon the taxpayer. >>
> << >>
> << The Charter and the Guidelines for submitting posts >>
> << to this newsgroup as well as our anti-spamming policy >>
> << are at www.asktax.org. >>
> << Copyright (2007) - All rights reserved. >>
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========================================= MODERATOR'S COMMENT:
- please trim the post to which you are responding
--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>
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