Top Ten Tax Deductions For Freelancers

Posted: April 11th, 2009

For you American freelancers, it’s a safe bet to assume you are laying low and getting to those taxes over the weekend. To help you out, here are a few deductions you may not have considered which may ease the burden a little:

10. All those meals you had eaten at your desk while working.

9. Expenditures at the bar technically count as health care.

8. You bed, TV, refrigerator and microwave are considered office expenses.

7. Create invoices billing yourself for repairing that crappy Windows PC.

6. Don’t forget, the satellite TV service for your TV counts as a utility.

5. Deduct the mileage from bed to office, office to bathroom, office to kitchen.

4. PayPal fees. These are deductible anyway, but tack on a little more just for screwing you for so much.

3. Deduct a reasonable “these taxes are really inconvenient at the moment” amount as a miscellaneous expense.

2. Loss of income due to hungover days.

1. That money you are saving for much-needed vacation can count as your deductible “pension.”

More on the author, Johnny Spence
Johnny is the founder of The Freelance Rant and a freelance web programmer with 8 years in the business. Have a visit at his company Oscarrr!web or see what he's up to on Twitter.

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