Being your own boss certainly has its perks. But if you're like a lot of freelancers, you probably don't love doing your taxes.
We get it. That's why we're making it easy for self-employed taxpayers to get the deductions they deserve with the Deduction Maximizer™.
Lower your tax bill by taking advantage of the right deductions
As of 2018, independent contractors make up more than a third of our country's workforce. If you're one of the millions of Americans who earns some or all of your income as a freelancer, you may be missing out on money-saving deductions every time you file a return.
With TaxAct's Deduction Maximizer, you'll be guided step by step through the process of completing your return in the most tax-advantageous way possible. And remember, each deduction you claim can reduce the amount of tax you owe, resulting in a lower IRS bill overall.
TaxAct's Deduction Maximizer helps taxpayers like you uncover common deductions specific to their field of work, including:
Writers and Bloggers
- Business use of your home
- Writing supplies and expenses to research a topic for a book or article
- Business related travel and costs to attend conferences or seminars
- Plus more…
Sales Representatives
- Supplies such as samples, door prizes and hostess gifts
- Business related travel and meals
- Fees paid to process credit card orders
- Plus more…
Marketing and Business Consultants
- Business related travel and meals
- Certification costs and professional membership dues
- Computer, equipment and software licenses
- Plus more…
Graphic Designers and Web/Software Developers
- Business use of your home
- Computer, equipment and software licenses
- Website hosting and advertising expenses
- Plus more…
Photographers
- Business use of your home
- Photography equipment, including cameras, lighting, and props
- Website hosting and advertising expenses
- Plus more…
Musicians
- Rental costs for studio or rehearsal space
- Instruments and equipment, including regular maintenance and repairs
- Agent and management fees
- Plus more…
Actors
- Professional membership dues
- Agent and management fees
- Costs incurred to research for a role
- Plus more…
Tutors and Teachers
- Supplies, including pens, paper, folders, calculators, etc.
- Computer, equipment and software licenses
- Licensing fees and cost of continuing education
- Plus more…
Handymen
- Permit costs, licensing fees, union dues and liability insurance premiums
- Supplies, tools and equipment rental
- Business related vehicle expenses or mileage
- Plus more…
Don't miss out on valuable deductions. Trust TaxAct's Deduction Maximizer to help you find and claim every deduction you deserve, and get more from your taxes.