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what can i write off as tax for running my social media music update account

TL;DR

Expenses related to running a social media music update account can be deductible if they are ordinary and necessary for your business. However, personal expenses are not deductible, and you must clearly separate business from personal use.

Detailed Answer

To deduct expenses for your social media music update account, the costs must be directly related to your business activities. Deductible expenses can include website hosting fees, software subscriptions, advertising costs, and professional services like graphic design or marketing consulting. However, if you use your account for personal purposes as well, you must allocate expenses between business and personal use. For example, if you spend $100 on a software subscription used 70% for business and 30% for personal use, you can only deduct $70. Non-deductible expenses include personal entertainment or any costs not directly linked to your business operations.

Where to Put It on the Tax Form

Schedule C, Line 27a for 'Other Expenses'.

Real World Example

A freelance musician uses a social media account to promote their music and engage with fans. They spend $300 annually on a social media management tool and $200 on targeted ads. They can deduct these expenses on Schedule C, as they are ordinary and necessary for promoting their music business.

Calculation Required

A calculation is required for this deduction.

To calculate the deductible portion, determine the percentage of business use. Multiply the total expense by this percentage to find the deductible amount. For example, if a $100 subscription is used 70% for business, the deductible amount is $70.

Audit Risk & Documentation Tips

The audit risk is moderate. Keep detailed records, including receipts, invoices, and logs showing the business purpose of each expense. Document how you determined the business-use percentage, such as time logs or usage reports. Maintain a clear separation between personal and business activities to support your deduction claims.

IRS Reference

IRS Publication 535, Business Expenses; IRC §162

Relevant Industries

FreelancersMusiciansSocial Media InfluencersContent Creators

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Disclaimer: This is for informational purposes only and should not be construed as tax or legal advice. Always consult your tax advisor.

Page created on November 11, 2025

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