NAICS code: 541100

Official forms are what notaries and signing agents deal with on a daily basis, but let’s face it, they’re not rocket scientists. Obviously, IRS tax forms and rules vary from what you normally deal with – and they are very complicated.

โ€As a notary public, for example, you don’t have to pay self-employed tax on any fees you receive. Even so, income taxes still have to be paid on those fees. Additionally, you are responsible for self-employment taxes if you earn revenue as a signing agent as well.

โ€Our team at Line has found a way for you to save on your IRS tax bill – income and self-employed. You’ll be able to save money by writing off all the business expenses you incur as a notary or signing agent.

We have put together a list of the most common write-offs for notaries and signing agents that you can use to deduct your expenses.

๐Ÿ“ƒFees for licensing

Write it off using: Schedule C, Box 23

Tax deductions are available for the costs associated with getting or renewing a license.

๐Ÿ‘จโ€๐Ÿ’ปSoftware for productivity

Write it off using: Schedule C, Box 18

You can deduct the cost of the software you use for invoicing, expense tracking, timesheet creation, and so on.

๐ŸŽ“ Courses for continuing education

Write it off using: Schedule C, Box 27a

A continuing education class is fully deductible if it is required to maintain your employment.


๐Ÿ—ƒ๏ธ Business cards

Write it off using: Schedule C, Box 8

You can claim advertising expenses for business cards that have your contact information on them.

๐Ÿ“ฑPhone, laptop, accessories

Write it off using: Schedule C, Box 27a

Deducting your monthly phone bill, accessories for your job, and part of your actual phone cost may be possible.

โ˜‚๏ธ E&O insurance

Write it off using: Schedule C, Box 15

Keeping your business protected with E&O insurance is essential. In addition to any other insurance you purchase for your job, you can deduct it from your taxes.

๐Ÿ“ Office supplies

Write it off using: Schedule C, Box 18

Ink cartridges, binders, folders, pens, whiteboards, and binders for your office are all deductible.

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๐Ÿ’ณ NNA membership

Write it off using: Schedule C, Box 27a

What other professional associations do you belong to? Do you pay dues to the National Notary Association? Those fees can be deducted from your taxes.