As an Amazon Flex driver, there are numerous tax deductions you can take advantage of to reduce your taxable income. Here's a list of some of the most common write-offs that you might not be aware of.
Whether you're grabbing a quick bite on the go or meeting with clients over lunch, your business meals can be a tax write-off. Just remember to keep your receipts and note the business purpose of the meal.
How to write it off: Report this expense on Schedule C, Box 24b of your tax return.
As an Amazon Flex driver, your car isn't just a mode of transportation—it's your office on wheels. That means the costs of insuring and registering your vehicle can be written off.
How to write it off: Include these expenses on Schedule C, Box 15 of your tax return.
Regular maintenance is crucial to keeping your vehicle in top shape for all those deliveries. Expenses for things like oil changes, tire rotations, and other routine maintenance can be deducted.
How to write it off: Report these costs on Schedule C, Box 9 of your tax return.
If you've purchased a new car for your Amazon Flex deliveries or your current vehicle has depreciated, you can write off these expenses. This can be a significant deduction, so don't overlook it.
How to write it off: Include these costs on Schedule C, Box 13 of your tax return.
Any commissions or fees you pay related to your Amazon Flex work can be deducted. This could include things like platform fees or transaction fees.
How to write it off: Report these expenses on Schedule C, Box 10 of your tax return.
If you've set up a home office for your Amazon Flex work, you can write off the cost of your office furniture. This can include items like desks, chairs, and filing cabinets.
How to write it off: Include these costs on Schedule C, Box 18 of your tax return.
Hot bags and courier backpacks are essential tools for any Amazon Flex driver. If you've purchased any of these items for your work, you can write off the cost.
How to write it off: Report these expenses on Schedule C, Box 22 of your tax return.
If you're traveling for your Amazon Flex work and need to eat on the road, those meals can be a tax write-off. Just like with business meals, be sure to keep your receipts and note the business purpose.
How to write it off: Include these expenses on Schedule C, Box 24a of your tax return.
Parking fees can add up quickly, especially if you're delivering in a busy city. Fortunately, these costs can be written off on your taxes.
How to write it off: Report these expenses on Schedule C, Box 27a of your tax return.
Your phone is a crucial tool for your Amazon Flex work, and the cost of your phone and any related accessories can be written off. This can include things like phone cases, chargers, and even your phone bill.
How to write it off: Include these costs on Schedule C, Box 27a of your tax return.
If you use a portion of your home for your Amazon Flex work, you can write off a portion of your power bill. The amount you can deduct depends on the size of your home office.
How to write it off: Report this expense on Form 8829 of your tax return.
If you have insurance on your home office, you can write off a portion of your insurance costs. This can include homeowners insurance or renters insurance.
How to write it off: Include this expense on Form 8829 of your tax return.
If you've had to make repairs to your home office, those costs can be written off. This can include things like fixing a leaky roof or repairing a broken window.
How to write it off: Report these costs on Schedule C, Box 21 of your tax return.
If you're delivering in an area with toll roads, those tolls can be a tax write-off. Just be sure to keep your receipts or use a toll tracker app to keep track of these expenses.
How to write it off: Include these costs on Schedule C, Box 27a of your tax return.
If you use public transportation for any part of your Amazon Flex work, you can write off these costs. This can include things like bus fares, subway tickets, or even rideshare costs.
How to write it off: Report these expenses on Schedule C, Box 24a of your tax return.
If you're traveling for your Amazon Flex work and need to stay overnight, your lodging costs can be a tax write-off. This can include hotels, motels, or even Airbnb stays.
How to write it off: Include these costs on Schedule C, Box 24a of your tax return.
If you're required to wear a uniform for your Amazon Flex work, you can write off the cost of your uniform. This can include things like shirts, pants, and even shoes.
How to write it off: Report these costs on Schedule C, Box 27a of your tax return.
A vehicle tool kit is a must-have for any Amazon Flex driver. If you've purchased a tool kit for your vehicle, you can write off the cost.
How to write it off: Include these costs on Schedule C, Box 22 of your tax return.
If you use a portion of your home for your Amazon Flex work, you can write off a portion of your water bill. The amount you can deduct depends on the size of your home office.
How to write it off: Report this expense on Form 8829 of your tax return.
As an Amazon Flex driver, you likely rely on a stable internet connection to manage your deliveries. That means you can write off a portion of your Wi-Fi bill.
How to write it off: Include this cost on Schedule C, Box 25 of your tax return.