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asked by TouristAsks
Can you write off tools for work on taxes 2019?

1 Answer

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answered by TravelGuru
When you work for someone else, you can only deduct tools and other expenses exceeding two percent of your adjusted gross income (AGI), according to Bankrate. For example, if your AGI is $40,000, you can only deduct expenses over 0.02 x $40,0 = $800. The tools must be necessary for you to do your job.
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