Manager and agency fees for influencers
10%-20%
Can You Write Off Manager and Agency Fees for Influencers?
Short answer: Yes: commissions paid to talent managers or agencies are deductible, and gross income is reported before their cut.
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.
Manager and agency fees for influencers
10%-20%
Remote Workers / Freelancers / Consultants
Yes: commissions paid to talent managers or agencies are deductible, and gross income is reported before their cut.
Business justification
Yes: commissions paid to talent managers or agencies are deductible, and gross income is reported before their cut. 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