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    anitat's Avatar
    anitat Posts: 1, Reputation: 1
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    #1

    Feb 10, 2010, 05:56 PM
    Spinning wheel tax deductible if I work in a business that sells and teaches these
    I work for a company that teaches spinning on a spinning wheel. Part of my job is learning all about them, so I can educate, demonstrate and teach, I did not have a wheel prior to working here and need to know if I can deduct the cost of my wheel.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Feb 11, 2010, 04:07 AM

    If it is required by your company, yes. This is itemized deduction as employee business expenses and is subject to 2% AGI limit. In short, you may not be able to utilize the deduction. Your U.S. Tax Return: Itemized Deductions
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