Finance
Taxes for Photographers: What You Can Write Off
Tax deductions reduce your taxable income, which directly reduces how much you owe. For photography business owners, the list of legitimate deductions is extensive — and most photographers claim fewer deductions than they’re entitled to because they don’t know what qualifies. This guide covers the major categories. Consult a tax professional for your specific situation — tax law is complex and this is educational, not tax advice. Equipment Deductions Section 179 and Bonus Depreciation Camera bodies, lenses, lighting equipment, computers, monitors, and printers used for your business can be deducted in the year you purchase them using Section 179 or bonus depreciation.