Yes, office supplies consumed in your business are fully deductible.
Tangible items consumed in business within the year—paper, pens, toner, postage, staples—are ordinary and necessary business expenses.
Printer ink and shipping labels for an Etsy shop
Yes, office supplies is generally tax deductible for self-employed individuals, freelancers, and small business owners. The IRS allows you to deduct ordinary and necessary business expenses, and office supplies typically qualifies when used for legitimate business purposes.
Tangible items consumed in business within the year—paper, pens, toner, postage, staples—are ordinary and necessary business expenses.
Proper documentation is critical for any business deduction. For office supplies, you should:
Source: IRS Publication 535. This information is for educational purposes only. Consult a qualified tax professional for advice specific to your situation.
Yes, if you use a dedicated space exclusively and regularly for business.
Partially deductible based on the percentage used for business.
Prorated for mixed use, or 100% if it's a dedicated business phone.
Yes, furniture for your business workspace is fully deductible.
Yes, fully deductible if used exclusively for business, or prorated for mixed use.
Yes, coworking memberships are fully deductible as business rent.