Upload Statements
Drag and drop your bank statements (PDF, CSV, or OFX/QFX), a ZIP of them, or a saved .smartded file, or click to browse.
How Smart Deductions works
Smart Deductions is a free expense categorizer for 1099 contractors, freelancers, and single-member LLCs. Drop in your bank or credit card statements and it sorts every transaction into IRS Schedule C categories, so you can see your deductible expenses in minutes instead of rebuilding a spreadsheet each April.
- Upload statement PDFs, CSVs, or a ZIP of several months from Chase, Bank of America, Wells Fargo, Capital One, Citi, and most US banks.
- Review the auto-labeled categories: software, meals, travel, phone and internet, insurance, and more. Fix anything in one click.
- Export a Schedule C summary CSV, a full transaction ledger, or a TurboTax-ready file for your return or your CPA.
Your statements stay on your device
Parsing happens entirely in your browser. Nothing is uploaded to a server, and there is no account, login, or bank connection to set up. Your work disappears when you close the tab, unless you choose to save it in your own browser. Don't take our word for it: here's how to check.
Who it's for
Anyone who files Schedule C: independent contractors paid on a 1099-NEC or 1099-K, freelancers, gig workers, and sole proprietors. It's a lightweight alternative to QuickBooks Self-Employed, which Intuit discontinued in 2025.