Jessica earns $75,000/year from photography. She has significant equipment investments, travels to shoots, and uses a home studio for editing and client meetings.
New camera body, lenses (Section 179)
400 sq ft studio, actual expense method
7,000 miles to shoots × $0.725
Lightroom, Photoshop, gallery hosting
Contract payments for weddings
Self-employed health insurance
Retirement contribution
AlphaTax tracks your actual income and expenses to calculate personalized tax savings.
Start Free Trial