• kn0wmad1c
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    3 hours ago

    I think you can, but most people take the standard deduction every year (which is supposed to represent these things) rather than calculate the itemized deduction with receipts.

    • Semi-Hemi-Lemmygod@lemmy.world
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      2 hours ago

      I’ve itemized a bunch of times and you were pretty limited in what you could deduct. If you have a mortgage you can deduct the interest but not the payments. And before 2020 you deduct a portion of your household expenses if you had a home office.

      But to a business those are all operating expenses and businesses only pay tax on profits.

      • kn0wmad1c
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        1 hour ago

        That’s such garbage. Corporate lobbying should have never been made legal.