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Real Estate Agent Tax Deductions 2026

Every deduction the IRS allows for your profession. Tracking these expenses could save you between $5,000 and $18,000 this year.

Professional Expenses

MLS fees

$1,200 / yr
100% Deductible

NAR / state association dues

$800 / yr
100% Deductible

Continuing education / license renewal

$500 / yr
100% Deductible

E&O insurance

$1,200 / yr
100% Deductible
Marketing & Advertising

Website & CRM (kvCORE, etc.)

$1,200 / yr
100% Deductible

Advertising (Zillow, Facebook)

variable
100% Deductible

Photography for listings

variable
100% Deductible

Business cards & printed materials

$300 / yr
100% Deductible

Client gifts (up to $25 per client)

variable
25% Deductible

Max $25 per recipient per year

Vehicle & Travel

Mileage to showings & open houses

variable

$0.67/mile

Client meals (50%)

variable
50% Deductible

NAR convention travel

$2,000 / yr
100% Deductible

Estimated Annual Savings

$5,000 – $18,000

Based on an average real estate agent income of $75,000 in the 22% tax bracket.