@mystery2me wrote:
Reimbursements shops are a really gray area, and you are unlikely to get consistent answers here. I personally don't claim mileage on shops for reimbursement only, because I don't make any income to deduct from.
I keep track of my mileage, whether it's a reimbursement only or a shop on my route.
As a former tax professional; I will shout this out loud. KEEP TRACK OF EVERYTHING! Try to do it an organized way so you aren't charged extra, i.e. spreadsheets. Showing up with all your receipts in a shoe box; will probably cost you more money.
NO, I do not want to see your gas receipts. I do want to see your mileage. I want to see how much you paid for office supplies. I want to see if you needed to buy equipment to support MS. I will not recommend taking off a home office, because that it a kicker to get audited.
I'll always recommend paying the extra for a Skd-C EZ over taking $100 as hobby income. Once it's a hobby, you can't take anything off.
It might hurt but you're best trying to show a profit.
People will probably disagree with me. I'm recommending what I consider the safest way and keep MS as a business, even if you're not making any money right now. It's better to bite the tax bullet now, than worry about it, when it might be your major source of income. Then again, I could be wrong and usually am.
Live your life in such a way that when your feet hit the floor in the morning; the devil shudders...And yells OH #%*+! SHE'S AWAKE!