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That deadline for filing your tax return is fast approaching.
To reduce your chances of being audited this year you'll need to know what the -- -- considers big red flag.
You may be able to claim a deduction for expenses related to your home office including home insurance and utilities costs.
But be prepared for the higher -- attention.
That I've got a big screen TV in there and I invite friends over to watch football so -- can't deduct it.
Some people ought to be really careful the IRS knows that's abuse so they'll check it.
-- have to have a really great documentation and photographs even of your home office to ensure that if you do get out of bed.
You have to back up to prove that you didn't -- the right thing your commute is not deductible but you can't claim a vehicle if you really do use it forbids.
Enough if -- painter contractor.
You know it it's pretty clear whether you using that truck for contracting or going away on the weekend it has to be more than 50%.
Business then you -- that the percentage of which is a for business.
People little booklet in your car that kind of shows you know the destinations UK the mileage that you accrued and then keep those receipts the higher -- -- -- your business the hobby especially if you have other income sources.
The general test is is there any hope of actually making a profit so it's okay to have a business that loses money you can take those deductions.
But if in all honesty it doesn't look like something that's ever gonna actually make you money the probably called -- hobby.
And if you file electronically.
Your chances of getting audited drop.
And that's because the chances are you making a mistake.
So that's just one way to sort of curb the chances of being.
By the higher -- -- make sure you.
File online if you earn less than 57000.
Dollars a year you can file your taxes for free online through the IRS website.
In you -- Brenda Buttner Fox News.
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