Here’s a tough pill to swallow: as a freelance pharmacy tech, your taxes are higher than if you were traditionally employed. But let’s make that medicine go down a little easier, by telling you an easy way to cut that bill down — write-offs!
By claiming all the ordinary business expenses you encounter every day, you can reduce how much you’ll pay the IRS. And we’ve made it even easier, by counting out all the best write-offs for pharmacy techs. Now that’s a prescription worth filling!
Schedule C, Box 23
Fees to get or renew your license to perform your work are fully deductible.
Schedule C, Box 27a
Continuing education class required to keep your job are fully deductible.
Schedule C, Box 27a
Repairs, dry cleaning, or alternations for your uniform are tax-deductible.
Schedule C, Box 27a
If you belong to any professional organizations, you can write off the dues.
Schedule C, Box 22
Medical supplies, like stethoscopes, PPE, and more, can be written off.
Driving around for work, like attending a seminar or picking up office supplies, allows you to claim car-related expenses on your taxes.
Schedule C, Box 27a
Parking for a meeting downtown, or any other work trip, is tax-deductible!
Schedule C, Box 27a
A toll while driving to or from a work destination is tax-deductible!
Schedule C, Box 13
If you buy a new car, you can write off part of the cost every year for five years.
Schedule C, Box 22
Flashlights, tire iron, duct tape, and other tools you may need in your vehicle are deductible.
Schedule C, Box 15
Car insurance monthly fees, registration, even roadside assistance are partially deductible.
Schedule C, Box 9
Oil changes, repairs, and regular checkups are all tax-deductible if you drive for work.
Meeting pharmaceutical representatives, patients, doctors, or fellow techs to talk about work over a meal is considered a deductible business expense.
Schedule C, Box 24b
If you discuss work with a coworker, mentor, client, or prospective client, it's a write-off!
As a self-employed pharmacy tech, you can claim your business travel deductions on your Schedule C. So if you head out of town to attend an industry conference, take a work meeting, or work a gig, track your transportation and lodging costs.
Schedule C, Box 24a
Planes, trains, and car rentals are all work-related travel costs that can be written off.
Schedule C, Box 24a
When you travel for work, lodging expenses such as hotel rooms or Airbnb are write offs.
Schedule C, Box 24a
When you're traveling for work, all meals are tax-deductible. Even takeout!
Laughter might be the best medicine — but tax savings don't hurt either!
If you attend virtual meetings from home or take care of other tasks like industry research and client paperwork from a designated workspace, you can write off home office expenses.
Schedule C, Box 18
A desk, chairs, lamps, and other home office necessities are all tax write-offs.
Schedule C, Box 21
You can write off up to $2,500 for individual repairs to your property.
Form 8829
Gotta keep the lights on in your home office! A portion of your electricity bill counts.
Form 8829
Whether it's rental or homeowners insurance, you can write off a portion through your home office deduction.
Form 8829
It'd be hard to work in an office without running water, huh? You water bill counts.
Schedule C, Box 25
Your Comcast bill is a tax write-off. You need internet to do your job!
