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2. 15 Self-Employment Tax Deductions You Should Know - AOL

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   There are several ways to deduct vehicle expenses on your business tax return as a self-employed person. ... up to $1,220,000 in 2024, but it is reduced for equipment purchased for over $3,050,000 ...

3. The Best Tax Deductions and Tax Breaks for 2024-2025 - AOL

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   2. Self-Employed Health Insurance. Self-employed individuals with a net profit can deduct self-employed health and long-term care insurance without having to itemize deductions. You can include ...

4. What Are the Most Generous Tax Deductions for the Self-Employed?

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   One of the best things about being self-employed is that you are entitled to a whole host of tax deductions. Learn More: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth Try It: 6...

5. Self-Employment Tax Deductions - AOL

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   Being self-employed isn't always all it's cracked up to be, especially when it comes to taxes. Not only do you have to use a tax estimator to make estimated tax payments, you also don't have an...

6. Reporting Self-Employment Business Income and Deductions - AOL

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   Schedule C: Consider income, expenses and vehicle information Each year, sole proprietors have the chore of preparing and filing Schedule C with their 1040 to show the IRS whether their business ...

7. Most-Overlooked Tax Breaks and Deductions for the Self-Employed

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   The success of your business is in your hands when you're self-employed, so you need to take advantage of whatever assistance is available. ... That includes help lowering your tax bill.Now that ...