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I am not sure how to deduct multiple tool purchases for my job. I am an employee as a mechanic I am required to buy my own tools how do i deducte all of them?

 
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DawnC0
Intuit Alumni

I am not sure how to deduct multiple tool purchases for my job. I am an employee as a mechanic I am required to buy my own tools how do i deducte all of them?

You can enter multiple employee expenses related to your W-2 job income on Schedule A.  To itemize work related job expenses, follow this path in TurboTax.  Sign in, click on 'Take Me to My Return' and go to: 

  1. Select Federal (left menu)
  2. Select Deductions and Credits (top menu)
  3. Scroll down to Employment Expenses   (you may need to click 'show all tax breaks')
  4. Select Start/Revisit  Job Expenses for W-2 Income  

Go through the interview and answer the questions.  You will be asked about assets you purchased first.  On the very last page of the interview, image attached, you can enter multiple job-related expenses, non-assets. These would include equipment and tools that last less than a year.   These are itemized deductions, and only the amount over 2% of your adjusted gross income is deductible. 

You can deduct only unreimbursed employee expenses that are:

  • Paid or incurred during your tax year,
  • For carrying on your trade or business of being an employee, and
  • Ordinary and necessary.

An expense is ordinary if it is common and accepted in your trade, business, or profession. An expense is necessary if it is appropriate and helpful to your business. An expense doesn't have to be required to be considered necessary.

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