Is it a good idea to combine home business tax with W2 on one 1040 form?
I work as a regular employer and also operate a home business. I receive W2 from my regular employer. Can I file one tax return by combining my W2 with my home office return?
I work as a regular employer and also operate a home business. I receive W2 from my regular employer. Can I file one tax return by combining my W2 with my home office return?
May 3rd, 2010 at 9:40 am
I think you have to, actually. You report your home business income and expenses on Schedule C, while you enter the numbers from your W-2 in the usual places.