NAICS code: 611000
The main purpose of your day is to help others learn – whether you teach online or in person. It might not be the most productive use of your after-school hours to learn how to file your own self-employment taxes. The following list of common write-offs is designed to make the learning curve for independent teachers and tutors a little easier.
There are many tax deductions available to you, like those for classroom supplies (including virtual backdrops if you teach online!) and out-of-town education conferences.
🖼️ Classroom decorations
Write it off using: Schedule C, Box 27a
The cost of decorating your classroom to make it more learning-friendly can be deducted from your taxes.
🧸 Teaching props
Write it off using: Schedule C, Box 22
Make sure you deduct any props you use to help students understand concepts during your lessons.
🏆 Student rewards
Write it off using: Schedule C, Box 22
It is possible to deduct rewards for student achievements ranging from gold stars to larger prizes.
🖥️ Electronic devices
Write it off using: Schedule C, Box 18
There are write-offs for computers, additional monitors, webcams, and microphones necessary for teaching.
💻 Education software
Write it off using: Schedule C, Box 18
Software used for grading papers or teaching can be written off, including Turnitin and Copyscape.
📱Phone, laptop, accessories
Write it off using: Schedule C, Box 27a
If buy a phone or laptop and use it for work, it’s partially deductible.
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📝 Office supplies
Write it off using: Schedule C, Box 18 Deduct anything you buy for your office, like pens, binders, folders, printer ink, or a whiteboard. -
📱 Social media tools
Write it off using: Schedule C, Box 18 Write off the tools you use to create assets, schedule posts, or pull analytics.