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I own an in home clothing business. I purchased clothing racks and hangars for the clothes I sell. What category would I list those in on Schedule C?

 
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wood5824
New Member

I own an in home clothing business. I purchased clothing racks and hangars for the clothes I sell. What category would I list those in on Schedule C?

It depends on how much you paid for them. If you paid $2,500 or less you can expense it to supplies. If you paid more than that you may need to depreciate it and use the Section 179 depreciation expense.
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