Press "Enter" to skip to content

Supplies Expenses (Line 22 of Schedule C)

Line 22 on Schedule C of the tax form relates to “Supplies,” which refers to the cost of items used in your business that are not considered to be inventory.

Supplies expenses that you may be able to deduct on Line 22 include:

  1. Office supplies: This includes the cost of supplies used in your office, such as paper, pens, staples, and envelopes.
  2. Cleaning supplies: This includes the cost of supplies used for cleaning your business premises, such as cleaning solutions, mops, and brooms.
  3. Tools and equipment: This includes the cost of tools and equipment used in your business, such as power tools, hand tools, and safety equipment.

It’s important to note that there are certain requirements and limitations associated with deducting supplies expenses. For example, the expenses must be ordinary and necessary for your business, and you must keep accurate records of the expenses, including receipts, invoices, and other documentation.

If you have any questions about how to report supplies expenses on your tax return, it’s a good idea to consult with a tax professional or accountant.