When you start getting some momentum in the Amazon Influencer Program, it’s wild how fast it can go from a side hustle to a business. All of a sudden you’re wondering things like,
- “Wait, do I need to pay taxes on this?”
- “Is this software tax deductible?”
- “Should I be keeping track of all my brand deals?”
As an Amazon Influencer, you are often creating videos on items you purchased on Amazon.. Whether you’re creating videos on tech gadgets, home décor, or beauty products, some of the things you purchase for content may actually qualify as tax-deductible.
But before you start writing off every Amazon delivery, let’s go over what may actually count as a legitimate business expense.
Products for Content Creation
If you purchase products from Amazon specifically to feature in your content, whether that’s a gadget review, unboxing video, or comparison compilation, those costs may be deductible. Just keep in mind: if you’re also using the item personally (like a coffee maker you review but also use daily), you can typically only deduct the portion used for your business.
Photography, Video, and Equipment
You might decide to level-up your content creation by investing in tools like cameras, tripods, microphones, lighting, and even editing software. These expenses are considered necessary for your business and may qualify as write-offs.
Home Office or Workspace Costs
Do you have a dedicated area where you film or edit your videos? If so, you may be able to deduct a portion of your rent, mortgage interest, utilities, or décor that’s directly tied to your workspace.
Done-for-you taxes and bookkeeping for creators
Software and Subscriptions
From video editing apps to Canva, or even Chrome extensions like Viral Vue or Oink, the software costs you pay for your content creation are generally deductible. So if you upgrade to CapCut Pro to level up your editing, it’s not just an expense, it’s an investment in your content (and a write-off!).
Internet and Phone Bills
Since your business relies on uploading videos, posting on social platforms, and connecting with brands, you can usually deduct a portion of your internet and phone expenses.
Travel for Content or Events
Traveling to events, conferences, or brand trips related to your Amazon affiliate business may also be deductible. This includes flights, hotels, meals, and transportation. Just be careful to separate personal from business expenses.
Professional Development
Courses on scaling your Amazon Influencer earnings, video editing, affiliate marketing, or even social media growth can often be written off as business education.
Contractors and Other Professionals
If you hire editors, coaches, accountants, or even a virtual assistant to help you run your affiliate business, their fees are generally deductible.
How to Keep Track of Your Expenses
To get the most out of your deductions and stay compliant, make sure to:
- Save all receipts and invoices.
- Use accounting software or a simple spreadsheet to track business expenses. (Shameless plug!) Download our free income and expense tracker to make this easier.
- Work with an accountant (hint: Cookie Finance, or another you truly trust!) who understands influencer and affiliate businesses, so you can be confident your deductions are accurate.
Conclusion
As an Amazon Influencer, your tax deductions go far beyond the basics. By knowing which expenses directly support your Amazon business, you can reduce your tax bill and reinvest in growth.
Remember: if it helps you create, promote, or manage your affiliate content, it’s worth asking your accountant about.
Don’t have an accountant? Book a call with Cookie Finance and they will get to know your needs and make sure your taxes are stress-free.
If you’re looking for more data-backed strategies to grow your income in the Amazon Influencer Program, sign up for Data Coach Claire’s free email newsletter.