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I am self-employed, is there a deduction for me?

A number of different deductions could apply to you and your business, too many to cover here. It’s best to look at all of them in depth. But here are a couple of the most common deductions that can benefit the self-employed:

  • Self-Employment Tax Deduction - allows you to deduct half of your self-employment tax.
  • Self-Employment Health Insurance Tax Deduction - allows you to deduct the cost of health insurance.
  • Home Office Deduction - allows you to deduct expenses for the business use of your home.
  • Office Supplies Deduction - allows you to deduct the cost of office supplies, even if you don’t take the Home Office Deduction.


  • There are many more, so be sure to look through all that apply to you and your business.