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Tag: self-employed parents

2025 Tax Deductions for Parents with Home-Based Gigs
Finance

2025 Tax Deductions for Parents with Home-Based Gigs

Parents running home-based gigs in 2025 can reduce taxable income with deductions like the home office deduction, child tax credit,…

MJ KAugust 8, 2025
Can Parents Deduct Childcare Costs for Side Hustle Work?
Finance

Can Parents Deduct Childcare Costs for Side Hustle Work?

“Parents juggling side hustles may qualify for the Child and Dependent Care Credit to offset childcare costs, reducing tax bills…

MJ KJuly 19, 2025
How to Track Tax-Deductible Expenses for a Parent’s Side Gig
Finance

How to Track Tax-Deductible Expenses for a Parent’s Side Gig

Tracking tax-deductible expenses for a parent’s side gig involves maintaining detailed records of income and expenses, using dedicated tools like…

MJ KJuly 18, 2025

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