NAICS code: 621399
Nurses are hardworking people who have a lot on their plate. Considering the pandemic situation the entire world is going through, it’s safe to assume that they are going through a lot. And tax filing is another stress-inducing work they have to do when they reach home after being on their feet all day.
Fortunately, we have gathered all the tax breaks for you so you don’t have to worry about saving your money. Go through this list before you file your taxes and end up overpaying the IRS.
We have put together a list of the most common write-offs for travel nurses that you can use to deduct your expenses.
Continuing education classes
Write it off using: Schedule C, Box 27a
Continuing education classes required to keep your job are fully deductible.
Licensing fees
Write it off using: Schedule C, Box 23
The fees or renewal of the license to perform your work are fully deductible.
Courses & certifications
Write it off using: Schedule C, Box 27a
Educational courses and certifications to enhance your skills are considered tax write-offs.
-
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.
-
Uniforms
Write it off using: Schedule C, Box 27a
Any uniforms you’re required to wear on the job are considered tax-deductible.
-
Uniform dry cleaning
Write it off using: Schedule C, Box 27a
If you need to get your uniform professionally dry cleaned, you can write it off.
-
Nursing journals
Write it off using: Schedule C, Box 27a
Subscriptions to journals are considered a work-related education write-off.
-
Nursing malpractice insurance
Write it off using: Schedule C, Box 15
The policies created to protect you from malpractice lawsuits are tax-deductible.