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I was told that, with the new trump laws, due to my tax bracket, I could not deduct more than 12k for my private business. Maybe I talked to the wrong person. This is why the tax situation was a little shocking to me. I thought I would be able to write off more.
Thank you all for the clarification. I was told that I could not write off expenses for this. I will look into this further to figure it out.
Thank you again!
I am located in Oregon. I was paid with a W9 for my services. But now I have to pay the taxes on the money paid. I gave a budget and was paid the amount, but did not factor in the taxes, which ended up being so much that I am not making enough money to cover the costs I incurred. I have asked...
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