24 Tax Deductions for Beekeepers | Beem

NAICS code: 112900

Keeping bees healthy, ensuring the hive is free of disease and parasites, and protecting their honey from sneaky bears and other predators is a delicate balance. After that, it’s understandable why you might not even consider taxes, but it’s the sad reality for us drone workers.

The good news is that there is an easy way to reduce your tax bill! By claiming your ordinary expenses, such as repairing hives, replacing smokers, and buying ice packs to soothe your stings, you can significantly lower your tax liability.

We have put together a list of the most common write-offs for beekeepers that you can use to deduct your expenses.

Supplies for beekeeping
Write it off using: Schedule C, Box 38 (COGS)
Write-offs apply to any supplies you need to ensure that your colonies remain alive and flourishing.
Amount depreciated on equipment
Write it off using: Schedule C, Box 13
Defining the depreciation of cameras and lenses as a deduction is possible every year.
Repairs of equipment
Write it off using: Schedule C, Box 21
If you need to perform maintenance or repairs on your equipment, you will be fully deductible for those costs.
Shipping and packaging
Write it off using: Schedule C, Box 27a
Whether it’s bubble mailers, boxes, tissue paper, or anything else you buy to ship customer orders, you’ll be able to write them off.
Equipment for beekeeping
Write it off using: Schedule C, Box 38 (COGS)
It is fully deductible to use extraction equipment to extract honey or beeswax.
Supplies used in packaging
Write it off using: Schedule C, Box 22
It may be possible to deduct from your taxes the costs of packaging your beer in bottles and cans.

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🎓 Continuing education
Write it off using: Schedule C, Box 27a
A tax deduction is available for classes you take after receiving your license that enhances your skills.
🥽 Equipment to ensure safety
Write it off using: Schedule C, Box 22
The cost of safety equipment, such as goggles and masks, can be deducted.

If you drive for work ...

You might spend a lot of your time zipping around town to meet clients, finish assignments and do your research among other tasks. Luckily, you can write off car-related expenses like maintenance and gas. Keep these tax write-offs in mind as a growing .

Parking
Write it off using: Schedule C, Box 27a
Parking for a meeting downtown, or any other work trip, is tax-deductible!
Tolls
Write it off using: Schedule C, Box 27a
A toll while driving to or from a work destination is tax-deductible!
Car purchase & depreciation
Write it off using: Schedule C, Box 13
If you buy a new car, you can write off part of the cost every year for five years.
Vehicle tool kit
Write it off using: Schedule C, Box 22
Flashlights, tire iron, duct tape, and other tools you may need in your vehicle are deductible.
Car insurance & registration
Write it off using: Schedule C, Box 15
Car insurance monthly fees, registration, even roadside assistance are partially deductible.
Car maintenance
Write it off using: Schedule C, Box 9
Oil changes, repairs, and regular checkups are all tax-deductible if you drive for work.

If you discuss work at a restaurant ...

Networking is a core practice of a successful and it can also be added to your tax write-offs. You likely often meet clients or people in your field at restaurants to chat about work, discuss projects and sign deals. When you do, remember to write off your business meal expenses.

🍔 Business meals
Write it off using: Schedule C, Box 24b
If you discuss work with a coworker, mentor, client, or prospective client, it’s a write-off!

If you leave town for work ...

Meeting an out-of-town client, attending a conference or networking is all part of the job. There are many reasons for you to travel for work as a busy and they can all be added as tax write-offs. They also count as business trips, so you can write off your travel costs.

Transportation
Write it off using: Schedule C, Box 24a
Planes, trains, and car rentals are all work-related travel costs that can be written off.
Travel lodging
Write it off using: Schedule C, Box 24a
When you travel for work, lodging expenses such as hotel rooms or Airbnb are write offs.
Meals while traveling
Write it off using: Schedule C, Box 24a
When you’re traveling for work, all meals are tax-deductible. Even takeout!

If you work from home ...

When you’re not busy working outside, you might spend your time working from your home as a successful and many activities count as tax write-offs. These include business plans, promotional work and coming up with new strategies. In this case, don’t forget to write off your home office expenses!

Home office furniture
Write it off using: Schedule C, Box 18
A desk, chairs, lamps, and other home office necessities are all tax write-offs.
Property repairs
Write it off using: Schedule C, Box 21
You can write off up to $2,500 for individual repairs to your property.
Power bill
Write it off using: Form 8829
Gotta keep the lights on in your home office! A portion of your electricity bill counts.
Property insurance
Write it off using: Form 8829
Whether it’s rental or homeowners insurance, you can write off a portion through your home office deduction.
Water bill
Write it off using: Form 8829
It’d be hard to work in an office without running water, huh? You water bill counts.
Wi-Fi bill
Write it off using: Schedule C, Box 25
Your Comcast bill is a tax write-off. You need internet to do your job!