🚗

Vehicle Expenses

Standard mileage rate for 2026: $0.70/mile

🏠

Home Office

Simplified method: $5/sq ft (max 300 sq ft = $1,500)

🖥️

Equipment & Supplies

💿

Software & Subscriptions

📱

Phone & Internet

📚

Professional Development

📢

Marketing & Advertising

🛡️

Insurance & Services

✈️

Meals & Travel

50% deductible for business meals

📋

Other Business Expenses

Deduction Summary

Vehicle Expenses $0
Home Office $0
Equipment & Supplies $0
Software & Subscriptions $0
Phone & Internet $0
Professional Development $0
Marketing $0
Insurance & Services $0
Meals & Travel $0
Other Expenses $0

Total Annual Deductions

$0

Estimated Tax Savings

$0

Based on 30% effective tax rate