This is my first year with MS income, and was hoping for some advice in filling out Schedule C.
How do you label required purchases/expenses for MS? I assume these should be 100% deductible even if they are meals, as long as they are required for the shop. Do you separate meals vs other required purchases such as gas? How? I assume these go under "Other", but just curious how you notate them.
Also, I don't think I'm going to claim the home office deduction, but where do I claim expenses such as phone and internet? Are these also under "other"?
Many thanks.