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2007-12-05 07:18:05 · 2 answers · asked by irish_guy88 1 in Business & Finance Taxes United States

2 answers

Maybe. First of all, you have to subtract 2% of your adjusted gross income from the amount you spent - whatever is over that can be deducted IF you itemize. You only itemize if your allowable deductions total more than your standard deduction, $5350 if you're single, $10,700 on a joint return.

2007-12-05 08:20:33 · answer #1 · answered by Judy 7 · 0 0

If you are an employee who provides his own tools--an automotive technician or carpenter for example--you can take a miscellaneous itemized deduction to the extent all your miscellaneous expenses exceed 2% of your adjusted gross income.

2007-12-05 07:22:35 · answer #2 · answered by Anonymous · 1 0

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