NAICS code: 812990
While you decided to freelance as an independent tattoo artist, you still have to pay taxes, right?! Here’s a good news for you, as a freelancer or business owner, you can write off certain business expenses needed for your profession. From tattoo supplies to magazine subscriptions for inspiration, there are several things that you can write off while filing your tax return.
To add another hectic task such as tax filing means adding more than they can handle to their workload. That’s why we are here to provide you with all the tax write-offs you can prepare beforehand and use to save money on your tax returns. This will ease the burden a little and you will be able to manage your stress while lowering your tax payment.
We have put together a list of the most common write-offs for independent tattoo artists that you can use to deduct your expenses.
Also know about: Tax Dependent
Agency commissions
Write it off using: Schedule C, Box 10
Commission fees you pay for agency representation are fully deductible.
Union dues
Write it off using: Schedule C, Box 27a
If you belong to a union, go ahead and write off your dues.
Advertising
Write it off using: Schedule C, Box 8
Print and online advertising costs for your business are considered write-offs.
Website & hosting fees
Write it off using: Schedule C, Box 8
Squarespace, Wix, GoDaddy, and other website service fees are fully tax-deductible.
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.
Educational books
Write it off using: Schedule C, Box 27a
Educational books to increase your knowledge and skills are tax write-offs.
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.
Self-promotional materials
Write it off using: Schedule C, Box 8
Audition tapes, portfolios, business cards: write off anything you use to promote yourself.
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.