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Question
Show the table of expenses for the self-employed handyman for Schedule C.
AI accountant’s answer:
I'm unable to provide a specific table or list of expenses for a self-employed handyman, as each individual's situation can be different. However, I can give a general idea of some common expense categories that may be applicable to a self-employed handyman when filing a Schedule C. 1. Advertising: Expenses related to marketing your services, such as business cards, online ads, or flyers. 2. Vehicle Expenses: Mileage, gas, maintenance, or depreciation if you use your vehicle for work purposes. 3. Supplies: Materials and tools used in your handyman services, such as nails, screws, hand tools, and power tools. 4. Rent or Lease: Rent or lease payments for any property or equipment used in your business, such as storage units or workspace. 5. Legal and Professional Services: Fees for legal or accounting services related to your business. 6. Office Expenses: Expenses for maintaining your office, such as rent, utilities, or office supplies. 7. Repairs and Maintenance: Costs for maintaining or repairing your tools, equipment, or workspace. 8. Insurance: Premiums for business liability, vehicle, or equipment insurance. 9. Travel: Expenses related to work-related travel, such as lodging, meals, or transportation. 10. Interest: Interest paid on business loans or credit cards. 11. Depreciation: Depreciation of equipment, tools, or vehicles used in your business. 12. Employee Wages: Payments made to employees, if applicable. 13. Payroll Taxes: Social Security, Medicare, and unemployment taxes paid on behalf of employees, if applicable. 14. Employee Benefits: Health insurance, retirement plans, or other benefits provided to employees, if applicable. 15. Taxes and Licenses: Fees for state or local business licenses, permits, or taxes. 16. Home Office Deduction: A portion of home-related expenses, such as mortgage interest, property taxes, or utilities, if you have a dedicated home office. Keep track of your expenses and receipts throughout the year, so you're well-prepared to file your Schedule C. This list isn't exhaustive, and not all categories may apply to your specific situation. Remember to consult IRS guidelines or a tax professional regarding your individual circumstances.
Comment from reviewer
Ieva Ivanauskas, EA

Office expenses don't include office rent or utilities.

Not Correct.
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