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- Expenses if I have a W2 and a 1099. - So usually, generally speaking on a W2, thereamp;#39;s nothing you can deduct business wise against it. If you had expenses that you incurred in order to get your W2 income, they took that section away with the tax cut in Jobs Act back in amp;#39;17. It used to be part of the miscellaneous 2% on Schedule A. Thatamp;#39;s all gone. So we usually, in a general sense, say you canamp;#39;t really deduct any business expenses against your W2. Now, you may have other things going on in your returns that help offset that, but itamp;#39;s not going to be related to your W2 income. The 1099 might give you some opportunity. Hereamp;#39;s a lot of potential here. If you had enough 1099 coming in, you might want to have it set to an S corporation or a C corporation, either one, where you can take advantage of all accountable plan, reimbursements, corporate meetings. Maybe if you paid yourself a wage out of that, you could put it into retirement. So tha