<<I currently work full time plus teach at a University that with holds taxes and SSI and, therefore, sends me a W-2 in January. Is there someway to get this second job income onto a Schedule C so that I can deduct all of my expenses (color slides, extra travel, etc.) right off the top? Many thanks!>>If you have expenses associated with this job (such as those that you mention), and the University will provide you with a letter stating that those expenses are required for you to perfor your duties, but that the University will NOT pay for them directly or reimburse you for them, then those expenses would be deductible as a miscellaneous itemized deduction. If you can itemize your deductions, this may help...although any miscellaneous itemized deductions are only good in excess of 2% of your adjusted gross income. But you'll have to deal with the University if you want to be reclassified. Most larger organizations, not wanting to run afoul of the IRS employee rules, will simply place you on payroll to avoid any subsequent hassles. The only way you can get away from being an employee is in your dealings with the University. And I doubt that they will budge from their positions.TMF TaxesRoy
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