turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

If my business requires me to write articles and reviews on wine to post to my company website, and I have to buy that wine, can I consider that an expense?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
JulieH1
New Member

If my business requires me to write articles and reviews on wine to post to my company website, and I have to buy that wine, can I consider that an expense?

Yes.

The IRS allows you to spend money on what is reasonable and necessary to run your business.  Just keep receipts and any other proof for the business such as your articles on that wine, etc.

One caveat may be if the IRS wants to know if you share it or use any personally.  If you do not use the full bottle in your business reviews, they might expect you to only claim the percentage of the bottle you use for the actual review.  Just be prepared to back up what you deduct because your situation is unique.

View solution in original post

4 Replies
JulieH1
New Member

If my business requires me to write articles and reviews on wine to post to my company website, and I have to buy that wine, can I consider that an expense?

Yes.

The IRS allows you to spend money on what is reasonable and necessary to run your business.  Just keep receipts and any other proof for the business such as your articles on that wine, etc.

One caveat may be if the IRS wants to know if you share it or use any personally.  If you do not use the full bottle in your business reviews, they might expect you to only claim the percentage of the bottle you use for the actual review.  Just be prepared to back up what you deduct because your situation is unique.

If my business requires me to write articles and reviews on wine to post to my company website, and I have to buy that wine, can I consider that an expense?

Where on the tax form would I record that expense?
JulieH1
New Member

If my business requires me to write articles and reviews on wine to post to my company website, and I have to buy that wine, can I consider that an expense?

I would think supplies or you can enter it in one of the blank sections that you can name.  Maybe call it samples?
JulieH1
New Member

If my business requires me to write articles and reviews on wine to post to my company website, and I have to buy that wine, can I consider that an expense?

In TurboTax, simply search for "Schedule C" and then click the "Jump to" link in the search results.

Then (assuming your business has already been set up in TurboTax), you'll want to click Edit next to your business and then scroll down to the Business Expenses topic on the Your Business summary screen.

Otherwise, if you haven't set up your business yet, follow the onscreen instructions and eventually you'll come to the part where we ask about your business-related expenses.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies