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YouTube channel

I'm planning to have a YouTube channel about customizing shoes. I need to buy shoes to draw or paint on them. Can those shoes that I am going to buy tax deductible for my videos? 

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1 Reply
ConyEA2021
Employee Tax Expert

YouTube channel

Hi,

Yes, if you will be claiming the YouTube Channel as self-employment income, then you will be able to deduct the cost of the shoe as a business expense on your tax return.

 

You may checkout this article for more information on what you can write off your self-employment business: Top Tax Write-offs for the Self-Employed 

 

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