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Day: May 11, 2024

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1099 Tax Deductions List 2025: Maximize Your Savings

If you provide independent contractors with materials or tools needed for their work, these costs can be deducted. Marketing and advertising expenses, including business cards, websites, and social media ads, and office supplies, are fully deductible. If you’re an independent contractor (a.k.a. 1099 worker), you’re responsible