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What are the tax deductions available for a freelancer
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The exact tax deductions available for a freelancer will depend on the type of work they do, as well as their specific financial situation. Common deductions available to freelancers include expenses related to running their business, such as office supplies, internet and telephone services, equipment, and professional fees. Freelancers may also be able to deduct costs from their income for business-related travel expenses, health insurance premiums, home office expenses, and contributions to retirement savings accounts.