If you have been contracted as a freelance writer for a project, and receive a 1099, you will have to file your project income this tax season. It may seem a little daunting needing to calculate every expense, then be asked to pay taxes, but Keeper is here to help. Start by having a look below at the easy tax write-offs you may be missing! If you start tracking these you will see much of that money come right back.
If you need to hire an editor, designer, or set assistance to help you, write it off!
Word and other editing software are 100% necessary for your job, write it off!
Pay to be a member of any writers organizations? Write off that annual fee.
Write off any books that help you manage your business or that are relevant to your field!
A new computer, cell phone, keyboard, printer, monitor, mouse, it all counts!
Website hosting fees, plugins, stock photos, and themes are tax deductible!
Your monthly phone bills are expensive! Good thing the cost is partially deductible.
Every dollar you spend on Facebook Ads, Google Adwords, etc. is a tax deductible expense!
If you've had to set up an LLC or have other legal fees for work, that's tax deductible.
If you are self-employed, you can write off your medical and dental insurance coverage.
If PayPal or another payment method charged a fee for buying your book, write it off!
Conferences and classes that help you keep up with the industry are tax deductible.
Storage to handle heavy digital files (business related) such as Dropbox or a hard drive.
Gas is expensive! A portion of your gas station fill ups are tax deductible.
Oil changes, repairs, and regular checkups are all tax deductible if you drive for work.
Car insurance, roadside assistance, registration costs, etc. are all tax deductible.
Parking for a meeting downtown or other work trip is tax deductible!
A toll while driving to or from a work destination is tax deductible!
If you drive you own vehicle, you can write off the annual depreciation of it's value!
A desk, chairs, lamps, and other home office necessities are all tax write offs.
Your comcast bill is a tax write off. You need internet to do your job!
Whether rental or homeowner insurance, you can write off a portion as part of home office.
Gotta keep the lights on in your home office! A portion of your electricity bill counts.
It'd be hard to work in an office without running water, huh? You water bill counts.
Whether you pay rent or own your home, a portion of those expenses are tax deductible.
If you discuss work with a coworker, client, or even a friend, it's a write off!
Planes, trains and automobiles are all work travel costs that can be written off.
When you travel for work, lodging expenses such as hotel rooms or Airbnb are write offs.
When you're traveling for work, all meals are tax deductible. Even takeout.