Is a business suit tax deductible?
2007-07-15 11:52:23 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
It is if you are a business suit model. Otherwise, no.
2007-07-15 11:56:38 · answer #1 · answered by Anonymous · 0⤊ 2⤋
For everyday work purposes I seriously doubt it. Maybe if you were buying clothes or food for a personal business and then selling it but for just wearing to work no. Same goes for food. You can't deduct your lunches unless its considered a business meeting. I do know that if you donate clothing to goodwill you can ask for a receipt and this can be used toward your tax return. I would keep all receipts for at least a year.
2016-04-01 05:49:55 · answer #2 · answered by ? 4 · 0⤊ 0⤋
The rule is any clothing that is suitable for everyday use is not deductible. A business suit is considered suitable for everyday use.
2007-07-15 14:08:59 · answer #3 · answered by STEVEN F 7 · 1⤊ 0⤋
No. The general rule is, it has to be a uniform to be deductible. For example, my spouse bought polo shirts -- not deductible. He buys polo shirts with the company logo on them -- deductible.
2007-07-15 11:57:26 · answer #4 · answered by BeckyBeq 3 · 1⤊ 1⤋
No. Clothing that is suitable for wear outside of work, even if you never wear it anywhere else, is NOT deductible.
2007-07-15 15:12:13 · answer #5 · answered by Judy 7 · 1⤊ 0⤋
No it is not. But if the suit is a uniform that you are made wear and has the company logo on it - then it is.
2007-07-15 11:55:40 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Yes, if you were looking for a job at the time. If your present workplace requires you to wear a business suit, maybe, but it can get tricky when you try to claim it on your taxes.
2007-07-15 11:56:20 · answer #7 · answered by amyaz_98 5 · 0⤊ 5⤋