Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.

    • OshagHennessey@lemmy.world
      1·
      14 hours ago

      Total up all your major tech purchases for the year, divide that number in half to get your total “losses” for the year. Fill out your 1040 Schedule C, say you have an IT Consulting business, sole owner, sole proprietor, no LLC. Declare zero income, then declare your losses in the appropriate category (office expense, equipment, break room supplies, etc.). The more receipts you have, the better, in case you get audited. If you declare it, save the receipts just in case or just roll the dice and claim whatever you want, there’s barely any auditors left and they’re all busy looking at the people claiming dogs and dead people as dependents.

      Once you finish filling out your Schedule C, you should see your federal obligation reduced.

      • Sabata@ani.social
        1·
        13 hours ago

        I wish I knew this last year when I got that GPU. Should I declare pizza and beer as income if I help bro build a PC?

      • OshagHennessey@lemmy.world
        2·
        13 hours ago

        No.

        Printers work using ancient black magic and are powered by the tortured souls of the lost and damned. To fix them is to understand them, and to understand them is to descend into madness, becoming one of the lost souls to fuel the eldritch horror that is the ink slinger.

        Seriously though, if your printer isn’t a Brother laser printer, throw it in the trash and go buy a Brother laser printer, then write it off on your taxes. Mine has worked for years and hasn’t needed anything but a $50 toner cart every few thousand pages.

        For most people though, it’s more economical to just print at the local FedEx or Office Depot