Tax Deductions for Consultants and Freelancers: A 1099 Guide
In short: US consultants and freelancers paid on a 1099 can deduct a home office ($5 per square foot up to 300 square feet, a maximum of $1,500 a year, under the simplified method), software subscriptions, subcontractors, professional liability insurance and, generally, 50% of business meals. Everyday business attire, the regular commute to a fixed client site and pure entertainment generally don't qualify.
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