tool deduction for the 2022 year

Forum|Forum|3 years ago
April 19, 2023
1 reply
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I need some help here. I need to get my taxes files today and I have been trying for a week to find some info on how i can claim my tools purchased for work on my taxes as a deduction. I currently pay out $5800 a year for tools that I have had to purchase to do my job. My employerer doen not help in any way with this. I have been working as a technician buying tools for over 20 years and never claimed them. I am out on comp right now and if i dont find a way I will have to come up with 900 to pay the irs i dont have. PLEASE HELP!!

xmasbaby0

Level 15

Are you a W-2 employee?

Sorry---W-2 employees cannot deduct job-related expenses on a federal return. Job-related expenses were eliminated as a federal deduction for W-2 employees by the tax laws that changed for 2018 and beyond. Your state tax laws might be different in AL, AR, CA, HI, MN, NY or PA.

https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-reform

If you are an independent contractor then your tool purchases can go on the Schedule C you complete for your business expenses.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

xmasbaby0

Level 15

If you have federal tax due you can pay by mailing your payment with the 1040V voucher, (which has the address printed on it, having the payment taken out of a designated bank account, or you can pay directly on the IRS website.

https://www.irs.gov/payments

https://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212

https://ttlc.intuit.com/community/tax-payments/help/how-do-i-pay-my-irs-tax-due-with-a-check-or-money-order/00/26403

To apply for a payment plan with the IRS

Apply Online for a Payment Plan

You must pay your state tax due using the state’s preferred method of receiving payment. For most states that will be by making a payment to the state’s own tax website, or by mailing a check or money order.

https://ttlc.intuit.com/questions/1900884-what-are-my-options-for-getting-my-state-refund-or-for-paying-any-state-taxes-i-owe

https://ttlc.intuit.com/questions/1901670-how-do-i-contact-my-state-department-of-revenue