Finnstatement

Free · sourced from current IRS guidance

The Self-Employed Deduction Cheat Sheet

The 23 most-missed deductions for 1-person businesses, each mapped to its current IRS source. Free.

What you'll get

  • All 23 deductions, organized by Schedule C line where it applies
  • The current IRS source for every entry — verify everything we say
  • One worked example per deduction, with the dollar math

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A preview of the 23

Five of the categories on the sheet.

Each row is structured the same way. The full PDF has the other eighteen plus an explanation of what isn't on the list and why.

Home office

Pub 587 · Sch C 30

The room you use exclusively for the business. Sq. ft. method.

Bank & merchant fees

IRS.gov Bus. Expenses · IRC §162

Stripe, Square, Wise, PayPal — every transaction fee.

Education & training

IRS.gov Bus. Expenses · IRC §162

Courses that maintain or improve skills for your current trade.

Professional dues

IRS.gov Bus. Expenses · IRC §162

Industry guilds, associations, trade journals.

Health insurance

Form 7206 · Schedule 1 (not Sch C)

Self-employed premiums for you, your spouse, dependents.

An honest note

The cheat sheet helps you spot what you might be missing. It does not tell you whether a deduction is yours to take — that depends on your specific facts and is a question for a CPA. Every category cites the publication so you can read the rule yourself before deciding.