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International Automotive Technicians Network
Re: How many itemize tool purchases on their income taxes?
Posted to Industry Issues Forum on 12/22/2017

I have deducted my tools for years when I was just a tech and not a business owner. From my understanding, the new tax rules dont start til 2018 so this year you are unaffected. Deductions are limited to 10,000. When you deduct tools, there is a certain percen... Login to read more.