Whether you’re a seasoned business owner, newly self-employed or testing out a side-gig, TurboTax has you covered on tax tips, deductions, and tax forms for your business income. Common Trust Federal Credit Union breaks down a few ins and outs.

Common Write-Offs

  • Rideshare Driver – Car repairs, insurance, mobile phone, even bottled water you provide for your fares.
  • Freelance Designer – Studio rental, tools & supplies, design association fees, home office space.
  • Real-Estate Agent – Marketing materials, mileage, home office space, even portions of real estate taxes, mortgage interest, rent, utilities, insurance, etc.
  • Consultant – Training courses, computer and software, business travel, mileage driving to see a client, heading to a meeting, or going to work from another location.

TurboTax Self-Employed Has You Covered

TurboTax helps you get every self-employed tax deduction and dollar you deserve.  Get expert help on-demand, find industry-specific tax deductions – and get your biggest possible refund, guaranteed. As a credit union member, you can save $15 on the TurboTax Self-Employed product, PLUS you get a one-year complimentary subscription to QuickBooks Self-Employed* to effortlessly track expenses, jobs, and mileage throughout the year. Click here to access TurboTax and your savings!

When you are ready to start working on your taxes, click here to access TurboTax and your savings!