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Guns as tax write off

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  • #16
    Exospeed
    Senior Member
    • Aug 2012
    • 587

    You could try to add it in under "home improvement/repair", but I don't think it would hold up in the given chance you were audited...
    The argument could be made that it improved the home by adding security, but like I said, I don't think they will buy it.
    Peace is that brief moment in history when everybody stands around reloading. - unknown

    Democrats screw poor people in the a** while whispering into their ear that they are trying to help them. - unknown

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    • #17
      The Gleam
      I need a LIFE!!
      • Feb 2011
      • 11960

      Originally posted by NiceGuyInSanJose
      I am a CPA who works really late nights during tax season, and I have been accosted by residentially displaced persons in my office parking lot. And... I wouldn't even try to deduct a gun on my own tax return.
      If a person worked in any field where a firearm was akin to business personal property as part of the work/job, and was solely used for that purpose, one could very easily deduct the value of the firearm put to use, its upkeep and cost of accessories, even ammo used in training, pending depreciation of the value of that firearm is taken into consideration. As a freelancer, on a schedule C; for other types of business, general deductions - no different than a professional photographer deducting the expense/value combined with year over year depreciation of his cameras.

      There are percentages to which one must adhere, and amortization of the above, but it would be allowed if the work generating the income is dependent on use of a firearm, and likely you were bonded/licensed/officiated as to whatever that occupation may be specifically for carrying a firearm.

      I specifically know a social-worker that worked a route high in the Appalachians, and spanning down to the Catskills that carried a firearm for his work, due to visiting some of the most remote, removed, and rural hill-billies this country had ever seen, often getting a shotgun leveled head-high with threats to get off their property, even though he was most always there to deliver them some kind of assistance check.

      He deducted the value of his Colt Government (ironically) and it stuck - for more than a decade, year after year.

      Now can any Joe Blow do that? No, not even if you think you need it as part of your job or atmosphere. Everything is relative.
      Last edited by The Gleam; 09-11-2014, 12:21 AM.
      -----------------------------------------------
      Originally posted by Librarian
      What compelling interest has any level of government in knowing what guns are owned by civilians? (Those owned by government should be inventoried and tracked, for exactly the same reasons computers and desks and chairs are tracked: responsible care of public property.)

      If some level of government had that information, what would they do with it? How would having that info benefit public safety? How would it benefit law enforcement?

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      • #18
        The Gleam
        I need a LIFE!!
        • Feb 2011
        • 11960

        Originally posted by LaidBack

        As others stated, you should talk to a professional tax adviser. There isn't a one size fits all answer.
        Essentially my thoughts.
        -----------------------------------------------
        Originally posted by Librarian
        What compelling interest has any level of government in knowing what guns are owned by civilians? (Those owned by government should be inventoried and tracked, for exactly the same reasons computers and desks and chairs are tracked: responsible care of public property.)

        If some level of government had that information, what would they do with it? How would having that info benefit public safety? How would it benefit law enforcement?

        Comment

        • #19
          Mitch
          Mostly Harmless
          CGN Contributor - Lifetime
          • Mar 2008
          • 6574

          Guns are an ordinary and necessary expense for my business.
          Originally posted by cockedandglocked
          Getting called a DOJ shill has become a rite of passage around here. I've certainly been called that more than once - I've even seen Kes get called that. I haven't seen Red-O get called that yet, which is very suspicious to me, and means he's probably a DOJ shill.

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          • #20
            AceGirlsHusband
            Veteran Member
            • Jan 2013
            • 2651

            Originally posted by Scratch705
            or you operate a business that deals in large amounts of valuables (ie cash, jewelry, precious metals)
            I think if you were issued a CCW based on that need, there would be the basis for your tax deduction.

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            • #21
              e90bmw
              Senior Member
              CGN Contributor
              • May 2013
              • 1268

              Some things just aren't worth the risk of an audit.... Just say'n.
              Say you spend $1k on a gun. The most you will get as a deduction is about $300 federal and state. It will be less if you are subject to AMT (Alternative Minimum Tax).

              Now the question....
              If someone gave you $300 would you like to be audited???? Not me.
              I'll forego legit deductions if they raise an audit flag. I just don't need the headache.

              If you had ever been through an audit, you would understand.

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              • #22
                OlderThanDirt
                FUBAR
                CGN Contributor - Lifetime
                • Jun 2009
                • 5774

                We have written off a wide variety of items that at first glance would look a little odd, including firearms, fishing and scuba gear. These were purchased for a specific project that involved specimen collection in Alaska to check for the bioaccumulation of petroleum hydrocarbons. We couldn't have employees fishing for salmon without some sort of bear protection. And yes, you have to depreciate much of the equipment as well as pay use and property taxes. And no, you cannot eat anything caught on a scientific collection permit, but it beats sitting in the office all day.
                We know they are lying, they know they are lying, they know we know they are lying, we know they know we know they are lying, but they are still lying. ~ Solzhenitsyn
                Thermidorian Reaction . . Prepare for it.

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                • #23
                  Maltese Falcon
                  Ordo Militaris Templi
                  CGN Contributor
                  • Feb 2009
                  • 6661

                  You prolly need a rifle with embedded solar panels? Good for 30%!

                  .

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                  • #24
                    3006
                    Senior Member
                    • Jan 2013
                    • 939

                    Seams like every business should a have armed security team So any weapons and ammo used for training right?
                    The IRS needs weapons and ammo even the social security department need them!

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                    • #25
                      71MUSTY
                      Calguns Addict
                      • Mar 2014
                      • 7029

                      Originally posted by LaidBack
                      A business can only take ordinary and necessary expenses as tax deductions. What is ordinary and necessary depends on the business and industry. It would be ordinary and necessary for an armed security company to provide weapons for their use in the business. It would not be considered ordinary or necessary to provide weapons to a McDonald's cashier.

                      As others stated, you should talk to a professional tax adviser. There isn't a one size fits all answer.
                      BINGO
                      Only slaves don't need guns

                      Originally posted by epilepticninja
                      Americans vs. Democrats
                      We stand for the Anthem, we kneel for the cross


                      We already have the only reasonable Gun Control we need, It's called the Second Amendment and it's the government it controls.


                      What doesn't kill me, better run

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