![]() ![]() Tax deductions reduce the amount of income on which you’ll owe taxes. ![]() Take deductions from this income on Schedule C for expenses you incurred while writing your book. The IRS considers writers to be small business owners, so you report earnings on Schedule C. ![]() Usually, Amazon won’t withhold any of your eBook’s earnings if you have a tax ID or Social Security number, so you’re personally responsible for paying what you owe to the IRS. ![]()
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