100 Freelancer Tax Deductions You May be Eligible for

Hey Freelancers! Did you know that you can save money on taxes by taking advantage of business expenses? Business expenses are costs that are necessary for running your business, and they can be used to reduce your taxable income and lower the amount of taxes you owe.

The IRS defines a business expense as a cost that is both ordinary and necessary. An ordinary expense is one that is common and accepted in your particular line of work. A necessary expense is one that is helpful and appropriate for your business. Examples of business expenses that may be deductible include supplies, equipment, travel expenses, and marketing costs.

To help you identify all the business expenses that you can deduct from your taxes, we've put together a list of 100 freelancer tax deductions. These deductions include home office expenses, travel expenses, business-related subscriptions and publications, legal and accounting fees, retirement plan contributions, and more.

It's important to keep accurate records of all your business-related expenses to make sure that you can take advantage of every deduction that you're entitled to. This includes keeping receipts, invoices, and bank statements, and using accounting software to track your expenses and income.

So, if you're a freelancer, understanding business expenses and tax deductions is key to keeping more of your hard-earned money in your pocket. With our list of 100 freelancer tax deductions, you'll be able to maximize your tax savings and invest back into your business. And as always, if you're unsure about anything related to taxes, it's always best to consult with a tax professional.

If you're a WorkMade user, you can just use your WorkMade card for your business expenses and we'll find the write-offs for you for free, potentially savings you thousands of dollars.

100 Freelancer Tax Deductions for Freelancers and solopreneurs:

1. Home office expenses
2. Office supplies and equipment
3. Website design and maintenance
4. Business insurance premiums
5. Rent or lease payments for business property
6. Business travel expenses (e.g., airfare, hotel accommodations)
7. Meals and entertainment expenses for business purposes
8. Professional development courses and conferences
9. Legal and accounting fees
10. Business association membership fees
11. Advertising and promotional expenses
12. Cost of goods sold (if applicable)
13. Telephone and internet expenses
14. Depreciation on assets used in your business
15. Business-related subscriptions and publications
16. Bank and credit card fees
17. Interest paid on business loans
18. Health insurance premiums
19. Retirement plan contributions
20. Self-employment taxes
21. State and local taxes
22. Business-related licenses and permits
23. Fees for outsourcing work
24. Office cleaning and maintenance
25. Business-related books and educational materials
26. Computer software and hardware
27. Business-related legal fees
28. Postage and shipping costs
29. Online advertising expenses
30. Travel expenses for business purposes
31. Business-related seminars and conferences
32. Office furniture and fixtures
33. Utility bills
34. Graphic design and printing services
35. Business-related phone and fax expenses
36. Business-related software subscriptions
37. Security systems and services
38. Business-related training courses
39. Business-related meals and entertainment
40. Transportation costs
41. Business-related rental expenses
42. Continuing education expenses
43. Business-related memberships
44. Business-related charitable contributions
45. Business-related coaching or consulting services
46. Business-related website hosting and maintenance
47. Business-related legal and accounting software
48. Business-related education and training expenses
49. Business-related hardware and software upgrades
50. Business-related conferences and seminars
51. Business-related supplies and equipment
52. Business-related phone and internet services
53. Business-related home office improvements
54. Business-related research expenses
55. Business-related entertainment expenses
56. Business-related vehicle expenses
57. Business-related promotional expenses
58. Business-related customer gifts
59. Business-related continuing education courses
60. Business-related accounting and bookkeeping fees
61. Business-related tax preparation fees
62. Business-related travel expenses (mileage, parking, tolls)
63. Business-related internet service provider fees
64. Business-related website development fees
65. Business-related website design fees
66. Business-related website hosting fees
67. Business-related website content creation fees
68. Business-related website marketing expenses
69. Business-related website analytics fees
70. Business-related website optimization fees
71. Business-related website security fees
72. Business-related website performance monitoring fees
73. Business-related website domain registration fees
74. Business-related website email marketing fees
75. Business-related website affiliate marketing fees
76. Business-related website social media marketing fees
77. Business-related website search engine optimization (SEO) fees
78. Business-related website pay-per-click (PPC) advertising fees
79. Business-related website retargeting fees
80. Business-related website content management system (CMS) fees
81. Business-related website content management fees
82. Business-related website email hosting fees
83. Business-related website email management fees
84. Business-related website email autoresponder fees
85. Business-related website customer relationship management (CRM) fees
86. Business-related website customer support fees
87. Business-related website live chat fees
88. Business-related website helpdesk fees
89. Business-related website project management fees
90. Business-related website time tracking fees
91. Business-related software licenses and subscriptions
92. Business-related storage and backup services
93. Business-related translation and interpretation services
94. Business-related transcription services
95. Business-related virtual assistant services
96. Business-related video conferencing software and services
97. Business-related website accessibility services
98. Business-related website content writing and editing services
99. Business-related website video production and editing services
100. Business-related website photography and image editing services

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Each individual and business tax situation is different and unique so WorkMade does not provide specific tax advice, only supplying general information based on information published by various taxing authorities, which may change over time.