Freelance Expense Tracker

Track and categorize your business expenses. See deductible totals and tax savings instantly.

Your marginal tax bracket β€” used to estimate how much each deduction saves you

Expenses

Add each business expense with a description, amount, and category

Total Deductible Expenses

Sum of all expenses eligible for tax deductions

$0.00

Estimated Tax Savings

How much these deductions reduce your tax bill

$0.00

By Category

Software & Tools$0.00

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Track Expenses, Save on Taxes

Every business expense you track is a potential tax deduction. Our expense tracker helps you categorize spending using IRS Schedule C categories, so nothing falls through the cracks at tax time.

Common Missed Deductions

Many freelancers miss deductions for: mileage (67 cents/mile in 2024), home office, professional subscriptions, continuing education, business insurance, bank fees, and even a portion of their phone and internet bills. Tracking these can save thousands per year.

Frequently Asked Questions

What expenses can freelancers deduct?
Common deductible expenses include home office, internet, phone, software subscriptions, equipment, travel, professional development, health insurance premiums, and business meals (50%).
How do I track freelance expenses?
Keep receipts for every business purchase, categorize them by type (office, travel, software, etc.), and record them regularly. Our tracker organizes expenses by IRS Schedule C categories so you're ready for tax time.
Can I deduct my home office?
Yes, if you use a dedicated space in your home regularly and exclusively for business. You can either calculate the actual expenses (rent, utilities, insurance proportional to office space) or use the simplified method ($5 per square foot, up to 300 sq ft).

Recommended Tools

FreshBooks

Invoicing and accounting software built for freelancers. #1 rated for ease of use.

Try FreshBooks Free for 30 Days β†’

QuickBooks Self-Employed

Track income, expenses, and mileage. Maximize tax deductions automatically.

Get 50% Off QuickBooks β†’

Xero

Beautiful accounting software for small businesses and freelancers.

Start Xero Free Trial β†’

Wave

100% free invoicing and accounting. Perfect for solo freelancers.

Get Wave Free β†’

Bonsai

Contracts, proposals, invoices, and accounting β€” all-in-one freelance suite.

Try Bonsai Free β†’

Gusto

Payroll and benefits for freelancers who hire contractors or employees.

Get 3 Months Free β†’

We may earn a commission if you sign up through these links, at no extra cost to you.

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