Hey fellow indie authors! If you're anything like me, tax season can feel overwhelming. We pour our hearts into our stories, but when it’s time to deal with numbers, things get tricky. I’ve learned (sometimes the hard way) that there are plenty of expenses we can write off. These deductions can make a huge difference—so let’s talk about what you can (and should) claim.
1. Home Office Deduction If you write from home, you may be eligible for a home office deduction. The space must be exclusively used for your writing or book-related activities. For me, that’s a corner in my living room, where I brainstorm, edit, and work on promotions.
2. Office Supplies and Equipment Anything you use to write or manage your author business can be deducted. Think notebooks, pens, printers, laptops—yes, even your favorite writing chair.
3. Software and Subscriptions Do you use Scrivener, Grammarly, or Adobe products? Any software that makes your writing life easier can be deducted. For me, these tools are essential to keeping my books polished.
4. Marketing and Promotion Costs Marketing can eat up a huge chunk of an author’s budget, so it’s great that we can deduct most of these expenses.
5. Travel Expenses I’ve attended conferences, book fairs, and author signings—and all these travel-related costs are deductible. This includes airfare, hotels, meals, and transportation.
6. Professional Services Sometimes, we need a little help to make our books shine. Whether you hired a freelance editor, cover designer, or accountant, these services are fully deductible.
7. Education and Research Expenses Taking courses to improve your writing craft or learn about self-publishing? You can write off these expenses. Even books you buy for research or writing reference count.
8. Self-Employment Taxes and Health Insurance Premiums As indie authors, we’re considered self-employed. That means we have to pay both employer and employee sides of Social Security and Medicare. Luckily, we can deduct some of those payments. If you pay for your own health insurance, you can also deduct those premiums. If you have a day job (like me) this won't fully apply. 9. Bank Fees and Business Expenses If you opened a separate bank account for your author business, the fees associated with that account are deductible. Payment processing fees from platforms like PayPal or Stripe also count.
10. Printing and Publishing Costs Whether you’re publishing your book through KDP, IngramSpark, or a local printer, those costs are tax-deductible. This also includes the cost of ISBNs.
Keeping track of expenses throughout the year is key. I’ve learned that keeping a spreadsheet and using apps like QuickBooks makes tax time much easier. If you’re not comfortable navigating self-employed taxes, it’s worth investing in an accountant—another deductible expense. Remember, every dollar saved can go toward your next book. So don’t leave money on the table. The IRS recognizes that being an indie author is a business, and it’s time we treat it like one. Good luck out there, and happy writing! 📚 P.S. This is just what I’ve learned from my own experience, so always check with a tax professional to make sure you’re taking advantage of every deduction that applies to your situation. You’ve got this!
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