📖 Deduction Library
Every Deduction.
Every IRS Reference.
Browse the deductions available to creators and the self-employed in 2026 — each with its typical savings range, audit-risk level, and the IRS publication that backs it.
Equipment & Depreciationlow risk
Section 179 & 100% Bonus Depreciation
Deduct the full cost of qualifying business equipment in year one. 100% bonus depreciation is now permanent under OBBBA 2025.
Typical Savings
$2,000 – $25,000
Pub 946, IRC §168
Equipment & Gearlow risk
Cameras, Lighting, Audio & Computers
Cameras, lenses, lighting kits, microphones, computers, and other business gear — written off via Section 179 or bonus depreciation.
Typical Savings
$1,500 – $12,000
Pub 946
Home & Studiomedium risk
Home Office / Studio Deduction
Exclusive-use business space. Simplified method ($5/sq ft, max $1,500) or actual expenses for larger studios.
Typical Savings
$800 – $5,000
Pub 587, IRC §280A
Software & Digitallow risk
Software, Subscriptions & AI Tools
Adobe Creative Cloud, Canva Pro, AI tools, editing software, cloud storage, and email platforms — 100% deductible.
Typical Savings
$400 – $1,800
IRC §162
Communicationslow risk
Internet & Cell Phone
Deduct the business-use percentage of your internet and phone — commonly 70–90% for active creators.
Typical Savings
$300 – $900
IRC §162
Vehicle & Travelmedium risk
Vehicle Expenses — Mileage or Actual
Choose the 72.5¢/mile standard rate or actual expenses. Plus new OBBBA car loan interest deduction up to $10k.
Typical Savings
$1,500 – $15,000
Pub 463
Health & Retirementlow risk
SE Health Insurance & SEP-IRA
100% of health premiums above-the-line, plus SEP-IRA / Solo 401(k) contributions up to ~$69k.
Typical Savings
$3,000 – $20,000
Pub 560, IRC §162(l)
Advancedlow risk
QBI Deduction & S-Corp Strategy
The permanent 20% QBI deduction plus S-Corp election to cut self-employment tax above ~$70k net profit.
Typical Savings
$2,000 – $18,000
IRC §199A, §1361
New 2026medium risk
OBBBA Tips Deduction
Up to $25,000 of qualified tip income (Super Thanks, bits, fan support) deductible for eligible creators.
Typical Savings
Up to $25,000
OBBBA §70103
Professionallow risk
CPA, Legal & Contractor Fees
Accountant, attorney, manager/agent fees, and contractors you pay (issue 1099-NEC at $600+).
Typical Savings
$500 – $4,000
IRC §162
Get all 60+ deductions in one guide
The full guide explains exactly how to claim each one, with documentation requirements and real examples.
Shop the Guides →Educational content only. Not tax, legal, or financial advice. Always consult a qualified CPA. © 2026 Tax Shield Pro.