What Can Bloggers Deduct on Their Taxes?

So you blog, and you make a little money doing it. It's official. You're self-employed (and in great company, I might ad).

What does that mean for your taxes? Deductions, of course. Here are some expenses you may be able to deduct:

• Office supplies like stamps, printer paper, business cards, etc. that I use for promotion
• Hosting and domain-related expenses
  
• Advertising costs
• Premium or "charter" memberships at websites like Photobucket and Flickr
• Stock photo expenses
  
• Travel-related expenses for blogging conferences (see the IRS guide below for more info)
  
• Magazine subscriptions, journals and books you purchase for research
• Cost of trademarking your domain name / blog name
• The portion of internet costs you use for business (see the IRS guide below for more info)
• Home office deduction (see the IRS guide below for more info)
• Computer equipment that you use expressly for blogging (and any repairs made to the equipment)
  
• Expenses related to giveaways: shipping, any prizes you purchased, etc.
• State income taxes and other taxes (see the IRS guide below for more info)

Essential Reading: IRS Small Business and Self-Employed Tax Center

Further reading:

• Blogging and Uncle Sam (Make Estimated Tax Payments) @ BlogCoach.org
• 7 Things that Every Blogger Should Know about Tax @ProBlogger
• Bloggers, Designers and Inventors: Three Ways to Expand Business Deductions @ June Walker
• There are also a ton of great reference books about small business taxes. I'm a fan of the "For Dummies" books (don't laugh!). Check your library!

Readers: What have I left off? What blogging-related expenses do you plan to deduct from your taxes?

Disclaimer: The above post should not be construed as tax advice. I'm not a tax professional. Nor do I play one on TV.