1099 Tax Deductions List 2026: Top 21 for Contractors

Common 1099 tax deductions for 2026 include business expenses such as office supplies, travel costs, home office deductions, health insurance premiums, and professional services. These help reduce taxable income for independent contractors and freelancers.

To maximize 1099 tax deductions in 2026, keep detailed records of all business-related expenses, separate personal and business finances, and consult a tax professional to ensure you claim all eligible deductions accurately.

Yes, home office expenses are deductible if you use part of your home exclusively and regularly for business. You can deduct a portion of rent, utilities, and maintenance based on the workspace size relative to your home.

Non-deductible expenses include personal expenses, commuting costs, fines or penalties, and any expenses not directly related to your business activities. Proper documentation is essential to avoid disallowed deductions.