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If you are a self-employed or independent contractor tradesman, such as a computer technician, electrician, carpenter, construction worker, forklift operator, mechanic, machine operator, painter, plumber, welder or laborer, any payments you receive for providing trade services, outside of or in addition to your regular job, may be considered income from self-employment and reportable on Schedule C, Profit or Loss from Business. You may deduct all associated expenses to your self-employment income on your Schedule C. Any expenses you have from your W-2 job are not deductible.