If you run a blog and generate income from it, you may be able to write off your expenses. This is because blogging is considered a form of self-employment.
You can deduct your business expenses, including blog writing costs, as long as they are reasonable and associated with your business.
There are some limits to how much you can deduct, however. You can only write off 50% of your expenses, unless you meet certain other criteria.
Additionally, you can only deduct business expenses that are directly related to your blog. This means that you can’t deduct things like marketing materials or software fees.
If you’re still considering starting a blog, it’s important to calculate the potential deductible costs and see if they fit within your budget. It’s also important to keep track of your expenses so that you can accurately determine whether or not writing off your expenses has helped offset the cost of running the blog.
In the end, it’s up to you whether or not you decide to write off your blogging expenses – but doing so may help offset the cost of running your business.