Thread: Taxes !!!
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Old 01-21-2005   #1
Onefast99gsx
 

Join Date: Sep 2004
Location: Wisconsin
Posts: 1,411
Question Taxes !!!

I know it's only January...but time to start thinking of it.

Since i'm probably older than many of you, i should know this. In all my years of paying taxes, i've always done the standard deduction of like $3000-$3500 or whatever it is. I never had enough to do itemized deductions. I rent. A friend keeps insisting to me that i can write off my rent. Without talking to a taxman, i don't think that you can. Unless, you use part of your home for a business. ????

Last year i did maybe 5 jobs in my garage on the side for people. Nothing big, but still a side job. Any of you know if i can claim a portion or all of my place that i rent as a tax write off. I paid $475*12=$5,700. Would be nice to claim a good chunk or all of that as a write off.

Do any of you that have full time jobs, do side jobs in your garage and write off your rent?

Could use any tax help.

Thanks.
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