23 Tax Write-Offs for Tutors in 2023
Ever wondered if becoming a tutor was a viable career? The U.S. Bureau of Labor Statistics (BLS) says tutoring jobs should grow by 14%. What's even better is that self-employed tutors will be half of that growth rate! So if you decide to become a tutor, consider being self-employed or an independent contractor.
As a self-employed tutor, that means you'll need to buy equipment and materials. Unfortunately, you’ll be paying out-of-pocket as you won’t have an employer to reimburse you. Since these are necessary and ordinary purchases for tutoring, they are tax write-offs. In other words, they’re tax deductions that you can claim when filing taxes. To help you, we've compiled some of the common expenses for self-employed tutors!