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Itemized Deductions Schedule-A


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Old 02-09-2015, 09:13 PM
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Deductions - Buying supplies for work

This past year, the company I work for has had a bit of a cash flow problem. I took it upon myself to buy a few supplies out of my pocket. I was not reimbursed for these, and I don't use the said supplies in my job. They are used by co-workers. Can I count the cost of these supplies as a part of job expenses on my Itemized Deductions? Any information I need to know here is very appreciated!



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Old 02-10-2015, 12:46 AM
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you may be able to deduct your work-related expenses as an itemized deduction subject to 2% of agi on Form 1040, Sch A;you can deduct expenses aid or incurred during the current tax year;a necessary expense for your employment or business status;ordinary and necessary expenses related to routine business. You must keep records to prove the expenses you deduct.



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