Twitch income — subs, Bits, donations, merch — is self-employment income. Know your tax bill before it hits.
TurboTax Self-Employed handles Schedule C, 1099-NEC, platform income, and every creator deduction automatically. Guaranteed max refund.
File with TurboTax Self-Employed →Twitch income is always self-employment: All Twitch revenue — subs, Bits, donations, brand deals — is Schedule C income. You pay 15.3% SE tax on profits plus income tax.
PC and streaming gear = Section 179 deduction: Your gaming PC, capture card, green screen, microphone, and lighting are all 100% deductible in year of purchase via Section 179.
Internet deduction: If you stream from home, you can deduct the business-use percentage of your internet bill. Streamers typically claim 50-75% business use.
Game purchases are NOT always deductible: Only games you stream for income are deductible. Keep records of which games were used for content vs personal play.