For the year of 2017, this would be my first time trying to write off tools I have purchased for work. If I understand the fine print, you can only claim anything after 2% of your AGI. I believe I have surpassed my own 2% of my AGI which is why I am trying to add expenses and assets to increase my tax return. Most of the tools I bought, I do not have the receipts for, however I do have bank statements showing the cost value of the tools. It does not show specific detail of each tool I bought but there is a description of where the tool came from. Can I still claim these tools or is it wise to not claim them considering I lack the receipts and if I get audited, I do not have proof of description for the tools I am trying to claim.
