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Money and Finances
Reply to "1099 income and taxes"
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[quote=Anonymous][quote=Anonymous]OP here. Thanks for the advice. Relatedly, does it help for tax purposes to create an LLC? My expenses are low - [b]just a computer and my home office[/b]. [/quote] OP claiming a home office is often a red flag for the IRS, so make sure you really do have a proper home office. I'm a 1099 and do some work at home but frankly, claiming a home office is just something I am not interested in doing. Don't care to deal with the IRS for any reason, especially if it involves an audit. [/quote]
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