As a VA, your attention to detail is probably second to none. And this is likely very helpful at tax time! But allow us to lend you a hand now with this list of tax write-offs for virtual assistants.
Remember: Most business-related expenses can be deducted from your return, whether it's office supplies, productivity software, or ads promoting your services. Read on for more examples that'll help you save money when tax season arrives!
Schedule C, Box 27a
Keeping up with the latest trends and techniques with books and courses can be written off.
Schedule C, Box 18
Deduct anything you buy for your office, like pens, binders, folders, printer ink, or a whiteboard.
Schedule C, Box 18
Software you use for invoicing, tracking expenses, creating timesheets, and so on is deductible.
Schedule C, Box 8
Squarespace, Wix, GoDaddy, and other website service fees are fully tax-deductible.
Schedule C, Box 8
Ad campaigns on Google, Meta, TikTok, and more are all deductible on your taxes.
Schedule C, Box 27a
If buy a phone or laptop and use it for work, it's partially deductible.
Schedule C, Box 18
If you use a headset for hands-free calls with customers, make sure to write it off.
As a virtual assistant, you might need to drive to pick up office supplies or client meetings.In this case, don't forget to claim vehicle-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.
Business meals are tax-deductible, so if you go for lunch with fellow VAs to talk about industry insights or other work-related matters, you can write it off.
Schedule C, Box 24b
If you discuss work with a coworker, mentor, client, or prospective client, it's a write-off!
Heading to another city for a client meeting or VA conference? This is a business trip, so you can write off your travel 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!
If your primary workspace is at home, you can deduct home office expenses for the hours you spend on things like marketing and advertising, client development, and managing paperwork.
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!
