Self-Employed Tax Deductions

Tax deduction guide for self-employed individuals including sole proprietors and gig workers. Reduce your self-employment tax burden legally.

self-employedsole proprietorgig workerSchedule C

check_circleWhat You Can Deduct

  • check50% of self-employment tax
  • checkHealth insurance premiums
  • checkHome office deduction
  • checkBusiness use of vehicle
  • checkPhone and internet (business portion)
  • checkProfessional memberships
  • checkContinuing education
  • checkBusiness meals (50%)

lightbulbTips for Keeping Records

  • tips_and_updatesUse ReceiptVault to photograph every receipt immediately
  • tips_and_updatesSet aside 25-30% of income for taxes
  • tips_and_updatesFile Schedule SE with your tax return
  • tips_and_updatesTrack mileage if you drive for business

Track Self-Employed Expenses with ReceiptVault

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