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New Member
posted Jun 4, 2019 11:03:12 PM

Musical instrument insurance

I teach music lessons. Is the insurance I pay on my instrument deductible? If so, where do I enter it?

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New Member
Jun 4, 2019 11:03:13 PM

If you file Schedule C to report your music lesson income and related expenses, you can deduct the insurance premium as "insurance expense."