101 Tax Deductions for Etsy Sellers 

 January 26, 2019

There are at least 101 tax deductions for Etsy sellers! Don’t miss out on a single tax deduction for your Etsy shop business. Whether you sell handmade products, craft supplies, or vintage lovelies, we have got you covered! Here are 101 tax deductions to get you started!

This post contains affiliate links, see my disclosure here.

This post is meant for general informational purposes only, and should not be taken as legal, tax, or accounting advice.

101 Tax Deductions for Etsy Sellers!

1. Facebook advertising

2. Email service provider subscription fee (ex. Convertkit)

3. Stock photography purchases (ex. Creative Market)

4. Hosting provider monthly fee (ex. BlueHost)

5. Adobe creative cloud for tools such as Photoshop

6. Pinterest scheduling tool (ex. Tailwind)

7. Virtual assistant for general help (my VA is great!)

8. Graphic designer

9. Printer paper and ink (use Quill for good prices and coupons!)

10. Online courses to help you grow your business

11. Books to help you grow your business

12. Coaching fees to help you grow your business

13. Travel costs to a conference or craft show

14. Ticket to business-related conference

15. Hotel at a conference

16. 50% of the cost of meals at a conference

17. The portion of cell phone expense related to your business

18. The portion of internet expense related to your business

19. The portion of computer purchase expense related to your business

20. The portion of camera purchase related to your business (good product photographs are so important!)

21. Online accounting program monthly fee (my recommendation- QuickBooks)

22. Course to teach you how to do your own Etsy shop bookkeeping

23. Cost of hiring a bookkeeper

24. Cost of hiring a tax professional

25. Online program for filing your taxes at year-end

26. Cost of your course hosting site (ex. Thinkific)

27. The yearly cost of domain name purchase and registration (ex. NameCheap)

28. Raw materials for your handmade items

29. Price paid for vintage items at garage and estate sales (keep a log!)

30. Cost of wholesale supplies purchased in bulk for resale

31. Picmonkey to design your own pins and printables

32. Purchase of a custom font (ex. Creative Market)

33. Etsy shop logo design and branding

34. Shipping supplies & materials

35. Postal scale to weigh your packages prior to shipment

36. SEO consultant for Etsy keywords

37. Pinterest advertising

38. Video conferencing monthly fee (ex. Zoom or Appear.in)

39. Book to help you understand how to file your Etsy business taxes

Etsy Seller's Quick Start Tax Guide

40. Blank note cards to include a handwritten thank you note in each package

41. File storage and sharing tool (ex. Dropbox)

42. Password management tool (ex. LastPass)

43. Ideas saving tool (ex. Evernote)

44. Half sticker sheets for printing postage labels

45. Google apps subscription to get a custom email

46. Etsy fees (ex. transaction, listing, etc.)

47. Giveaway aid product (ex. King Sumo)

48. Payment processing fees

49. Appointment and client meetings scheduling tool (ex. YouCanBook.me)

50. Ingredients for food for a specialty food Esty shop

51. Materials for new product experimentation

52. Online conference fee

53. Photo editing software for Etsy images

54. Monthly fee to have your own online shop (ex. Shopify)

55. Business planner

56. Booth or table fee at a craft show

57. Home office tax deduction (where you make your products or store your inventory)

58. Banking fees

59. Miles, you drove in your personal car that was for a business purpose

60. Donations to charity (deducted on your personal taxes, but money can come from business accounts)

61. Ticket to tradeshow

62. Educational expenses

63. Business insurance premiums

64. Fee for filing a patent

65. Interest on a business credit card or business loan

66. Office supplies

67. Bad debts

68. Business Association membership dues

69. Business-related membership site dues

70. Microphone for business projects (this is the one I use, good but cheap)

71. Video camera for business projects (ex. courses, YouTube, email video series)

72. Credit card convenience fees

73. Education or training for virtual assistants

74. Postage or shipping

75. Cost of giveaway items

76. Parking and tolls for business travel

77. Post office box

78. Website design services

79. Ink for printing postage labels

80. Team management program (ex. Asana or Trello)

81. Social Media manager virtual assistant

82. Twitter scheduling tool (ex. Edgar)

83. A portion of FICA tax paid

84. Payments made to drop shipper

85. Home office supplies

86. Rent on a business facility

87. Shared workspace monthly fee

88. Sales tax filing help (ex. TaxJar) extremely helpful with all the sales tax changes

89. Business gifts under $25

90. Equipment rental

91. Cricut for making items to sell

92. Business registration or permit fees

93. Payroll processing if you are an S Corp.

94. The monthly fee for Etsy Plus or Etsy Premium

95. Start-up expenses

96. Google advertising

97. Payments to affiliates of your products

98. Fees and expenses to register your trademark

99. Heavy duty tape and dispenser for packaging boxes

100. Shipstation

101. Business cards or mailers

Whew! What a list! Hopefully, you have a better idea of what tax deductions you can take as an Etsy seller! The IRS says you can take a tax deduction for expenses that are reasonable and necessary. Good luck with your shop!

Don't miss a single tax deduction for your Etsy shop business! Save money and make tax time a breeze! | SmallBusinessSarah.com

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