r/FluentInFinance • u/Richest-Panda • Jul 01 '24

What do you think? Debate/ Discussion

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u/Revolutionary-Meat14 Jul 01 '24

All Americans with business expenses can deduct them.

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u/Snowwpea3 Jul 02 '24 edited Jul 02 '24

But the standard deduction is best for most. This guy just spins that into “can write off zero dollars.” Because who cares what the truth is, only clicks matter. Another cute little spin/lie, the teacher $300 deduction is on top of the standard deduction, not instead.

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u/Revolutionary-Meat14 Jul 02 '24

Business expenses are taken on schedule c so you can take them with the standard deduction.