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Schedule C Deductions: The Master Checklist for Service Businesses

Every $1,000 of deductions saves a typical sole prop ~$300 in taxes (income + SE). Tracking them year-round is worth more than any tax-prep trick at year-end.

Frequently asked questions

Do I need receipts for everything?

Yes for anything over $75. Best practice: photograph or scan every receipt. The IRS does not accept 'I am sure I bought it'.

Can I write off my truck?

Yes — either standard mileage or actual expenses. If the vehicle is over 6,000 lbs and >50% business, Section 179 lets you expense a large chunk in year one.

More taxes guides