NAICS code: 238220
As an HVAC technician, your job is to repair, replace, install, maintain, and service other people’s air conditioners, heating vents, and other related systems. While you are a pro at fixing things for others, you may be having a hard time fixing your tax returns. It’s no wonder why your tax filing process gives you a headache.
Take a look at the tax write-offs listed below and you will be surprised to learn that you can save a lot of money by just submitting the documents that are tax deductible.
We have put together a list of the most common write-offs for HVAC technicians that you can use to deduct your expenses.
Business cards
Write it off using: Schedule C, Box 8
If you have a business card for business purposes, you can write off on your taxes.
Courses & certifications
Write it off using: Schedule C, Box 27a
When you take any course (both online and offline), you can deduct the fees as a tax write-off.
Advertising
Write it off using: Schedule C, Box 8
Any advertising costs (both online and offline) are considered tax write-offs.
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Website & hosting fees
Write it off using: Schedule C, Box 8
The websites you use to meet your client or host events are tax-deductible. These websites include Squarespace, Wix, and others.
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Productivity software
Write it off using: Schedule C, Box 18
If you use any paid software to keep a track of your expenses and to raise your invoice, you can deduct those from your taxes.
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Protective gear
Write it off using: Schedule C, Box 22
All the things you buy to protect yourself including goggles and gloves can be written off on taxes.
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Contracted help
Write it off using: Schedule C, Box 11
When you hire a freelancer or any other contractor to help you run your business, then you can deduct their fee on taxes.
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Equipment depreciation
Write it off using: Schedule C, Box 13
Every year you can cut the depreciation amount on the machinery you buy for your business.
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Equipment repairs
Write it off using: Schedule C, Box 18
If you have to give your machinery and equipment for repair, then you can write this expense off on taxes.