Just curious as I’m doing my taxes, since I’m a chef I was wondering if I can deduct my chef knives as they are for work. Does anyone here do that?
Fellow chefs, do you deduct your knives?
- Thread starter Southpaw
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Not a chef, but I think this answers your question. You cam depreciate them over 7 years (or less if that's the useful life or they have to be replaced) I have to purchase work tools and uniforms for my job. Are tools and work clothes tax deductible?
Eating out is as well. But there is a limit I believe.
I have at various points deducted chef equipment, shoes, uniforms, etc. Hasn't made much sense the last several years because of the new standard deduction rules. The exception would be is if you have a lot of 1099 independent contract or consulting work. Then you might be able to deduct some of those expenses against your self employed income.
I am not an accountant or tax attorney.
But if they are single and spent over $13,850 on knives, itemize those deductions! Come on chefs, get spending!
Corradobrit1
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Imagine explaining the tax deduction on a Bob Kramer knife. Would pay to be in that room.
xxxclx
Award-winning geese
The TCJA suspended the unreimbursed employee business expense deduction from TY2018 to TY2025. You'll be able to deduct your knife purchase again starting from January 1, 2026 (barring any changes in tax law).
If you're self-employed, the knife purchase would arguably be deductible as a business expense on a Schedule C, provided that the business you run could overcome the business/hobby distinction hurdle.
*not legal or tax advice
If you're self-employed, the knife purchase would arguably be deductible as a business expense on a Schedule C, provided that the business you run could overcome the business/hobby distinction hurdle.
*not legal or tax advice
