“You’ll report your self-employment income on a form called the Schedule C. It includes information on your income and expenses, and you’ll attach this to the rest of your tax return. This ensures that your income is taxed properly!”
“If you pay for something that is considered “ordinary and necessary” to run your business, then it’s deductible.
Questions you can ask yourself are: 1) Do I need this to run my business? or 2) Would this improve my ability to run my business?”