Editing software for YouTubers
$20-$60/mo
Can You Write Off Editing Software for YouTubers?
Short answer: Yes: Premiere Pro, Final Cut, DaVinci Resolve Studio, and CapCut Pro are deductible software.
Creators deduct costs used to make content on Schedule C; anything that's also used personally is deductible only for the business share.
Records to keep: Keep receipts, 1099s or W-2s, a mileage log, and a note of the business purpose. W-2 employees should ask about employer reimbursement.
Editing software for YouTubers
Typical range: $20-$60/mo
Remote Workers / Freelancers / Consultants
Yes: Premiere Pro, Final Cut, DaVinci Resolve Studio, and CapCut Pro are deductible software.
Business justification
Yes: Premiere Pro, Final Cut, DaVinci Resolve Studio, and CapCut Pro are deductible software. Creators deduct costs used to make content on Schedule C; anything that's also used personally is deductible only for the business share.
Category
- Write-Offs by Job