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-   -   Do I expense as an independent contractor or employee? (https://www.askmehelpdesk.com/showthread.php?t=82424)

  • Apr 13, 2007, 08:00 PM
    namy626
    Do I expense as an independent contractor or employee?
    I am a dentist and had two jobs last year where I worked a couple days at one office and a couple of days at the other. I was an independent contractor at one and I was an employee at the other. So, how do I go about deducting my expenses? Can I do them as a contractor or employee? Where would I expense 1) continuing education classes, 2) Convention trips, 3) Malpractice Insurance.. just to name a few
  • Apr 13, 2007, 08:15 PM
    Mobea
    The expenses that you incurred while you were an independent contractor would be listed on Schedule C (Self Employed Income) and the unreimbursed employee expenses that you incurred while you were an employee would be listed on F2106 which is listed on your Schedule A (Itemized Deductions) It is the time factor while you were doing each job that determines what expenses are fully deductable on Schedule C and which are limited to 2% of your adjusted gross income on F2106 on Schedule A
  • Apr 20, 2007, 10:00 AM
    AtlantaTaxExpert
    Mobea is correct. The common deductions MUST be pro-rated between the employee and the contractor work.

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