Can I write off software for editing videos?
Technology Expensesfreelancerssmall businessvideographerscontent creatorsmarketing professionalssoftware
The cost of software for editing videos is deductible as a business expense if it is used primarily for business purposes. This includes situations where the software is essential for producing content that generates income, such as for freelance videographers, video production companies, or marketing departments. However, if the software is used for personal purposes, it is not deductible. If the software is used for both personal and business purposes, only the portion used for business can be deducted.