- Home Office Expenses
- Business Supplies and Equipment
- Professional Development and Training
- Health Insurance Premiums
- Travel and Transportation Costs
Home Office Expenses
Freelancers can deduct a portion of their rent or mortgage, utilities, and internet costs if they use a dedicated space for work.
Business Supplies and Equipment
Costs for necessary supplies, software, and equipment used for freelance work are deductible.
Professional Development and Training
Expenses related to improving skills or staying updated in the field, such as workshops, courses, and books, can be deducted.
Health Insurance Premiums
Freelancers who pay for their own health insurance may be eligible to deduct their premiums.
Travel and Transportation Costs
Mileage, public transportation, and other travel expenses for work-related trips can be deducted.