7 1099 Write-Offs the IRS Legally Lets Side Hustlers Claim (Avg: $8,900/Year)

$8,900 in write-offs hiding on your 1099… 👀

The IRS isn’t gonna tell you about these — but your CPA should’ve.

If you side hustle (Uber, freelance, Etsy, content, consulting), Schedule C is your best friend. Here’s what most people miss 👇

1️⃣ Phone bill % — if you use your phone 60% for biz, write off 60% of that bill. Same with internet.

2️⃣ Home office sq footage — measure the space, multiply by $5/sq ft (up to 300 sq ft = $1,500 free deduction). No receipts needed with the simplified method.

3️⃣ Mileage — 67¢ per business mile in 2024. Driving 200 mi/month for hustle stuff = $1,608/year. Track it with an app, not memory.

4️⃣ SEP-IRA contributions — stash up to 25% of net self-employment income, deduct ALL of it, and let it grow tax-deferred. Double win.

5️⃣ Health insurance premiums — self-employed? You can deduct 100% of your premiums (and your family’s) above the line. Massive.

6️⃣ Software & subscriptions — Canva, ChatGPT, Notion, QuickBooks, Adobe… all deductible. Audit your bank statement, you’ll be shocked.

7️⃣ Education & courses — that $497 course you bought to level up your hustle? Deductible. Books, conferences, even some coaching too.

The avg side hustler leaves $8,900 on the table every year by not tracking these. That’s a vacation. Or an emergency fund. Or a Roth maxed out.

⚠️ Not tax advice — talk to a CPA before filing. But now you know the questions to ask.

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