22 Tax Deductions for Medical Billers And Coders | Beem

NAICS code: 541219

As a medical biller, you are well aware of how to calculate people’s bills and you know that people don’t like paying extra. Now, think about all the times you paid extra in your tax returns when you could have saved some money by using tax write-offs.

All you have to do is itemize the expenses and check if they fall under the category of write-offs. If they do, you just have to fill it in the respective tax form.

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

Reference books
Write it off using: Schedule C, Box 27a
When you purchase books to learn about your profession, you can write them off on taxes.
Postage fees & supplies
Write it off using: Schedule C, Box 18
Stamps, envelopes, and other postage fees required for your business can be written off on taxes.
Productivity software
Write it off using: Schedule C, Box 18
If you use any paid software to keep a track of your expenses, to raise your invoice, and to create timesheets, you can deduct those from your taxes.

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Website & hosting fees

Write it off using: Schedule C, Box 8

Squarespace, Wix, GoDaddy, and other website service fees are fully tax-deductible.
Courses & certifications

Write it off using: Schedule C, Box 27a

When you sign up for a course to gain more knowledge about your industry and enhance your skills. The money you spend on any course can deduct this expense from your tax.
Office supplies

Write it off using: Schedule C, Box 18

Monitors, hard drives, stationery, and photocopies are all office-related expenses that you can write it off.

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!