# fun w/ taxes....
**URL:** https://forums.speedlife.net/t/fun-w-taxes/187781
**Category:** PittSpeed Off Topic
**Created:** [February 1, 2007, 7:39pm UTC](https://forums.speedlife.net/t/fun-w-taxes/187781 "2007-02-01T19:39:22Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@vw16vcabby](https://forums.speedlife.net/u/vw16vcabby)
#### Post date: [February 1, 2007, 7:39pm UTC](https://forums.speedlife.net/t/fun-w-taxes/187781/1 "2007-02-01T19:39:22Z")
some interesting stuff im finindg while trying to milk the irs for money back…
i worked 305 hours of overtime… roughly 6 hours per week.
i spent $1825 on tools that i have reciepts for. im sure there is another 600 that i paid w/o reciept of tools that are probably worth 1200+. should/can i claim used tools?
---
### Author:  [@neonracer01](https://forums.speedlife.net/u/neonracer01)
#### Post date: [February 1, 2007, 7:43pm UTC](https://forums.speedlife.net/t/fun-w-taxes/187781/2 "2007-02-01T19:43:45Z")
you might get audited for anything over 500.00 from what i understand.
---
### Author:  [@vw16vcabby](https://forums.speedlife.net/u/vw16vcabby)
#### Post date: [February 1, 2007, 7:46pm UTC](https://forums.speedlife.net/t/fun-w-taxes/187781/3 "2007-02-01T19:46:33Z")
ok, what can they say? i show them a tool, and i have no reciept? can u even claim used 2nd hand tools???
---
### Author:  [@tom\_vito](https://forums.speedlife.net/u/tom_vito)
#### Post date: [February 1, 2007, 7:51pm UTC](https://forums.speedlife.net/t/fun-w-taxes/187781/4 "2007-02-01T19:51:39Z")
> [@Benefit for my daughter April 14th.](https://forums.speedlife.net/t/benefit-for-my-daughter-april-14th/24487/133):
>
> ok, what can they say? i show them a tool, and i have no reciept? can u even claim used 2nd hand tools???
Without something that says whom you bought it from and when, I wouldn’t try it. I know I always claim slightly under $500 for everythnig, clothes, travel, donations, ect.
---
### Author:  [@neonracer01](https://forums.speedlife.net/u/neonracer01)
#### Post date: [February 1, 2007, 7:54pm UTC](https://forums.speedlife.net/t/fun-w-taxes/187781/5 "2007-02-01T19:54:51Z")
> [@Benefit for my daughter April 14th.](https://forums.speedlife.net/t/benefit-for-my-daughter-april-14th/24487/133):
>
> ok, what can they say? i show them a tool, and i have no reciept? can u even claim used 2nd hand tools???
i would think so as long as you have proof of purchase.
---
### Author:  [@whitey](https://forums.speedlife.net/u/whitey)
#### Post date: [February 1, 2007, 8:49pm UTC](https://forums.speedlife.net/t/fun-w-taxes/187781/6 "2007-02-01T20:49:06Z")
Are you filing them under a Schedule C? If so you will most likely not get audited under 15k of claims.
---
### Author:  [@vw16vcabby](https://forums.speedlife.net/u/vw16vcabby)
#### Post date: [February 1, 2007, 9:36pm UTC](https://forums.speedlife.net/t/fun-w-taxes/187781/7 "2007-02-01T21:36:30Z")
well, i filed tools i had reciepts for under federal-- but it didnt matter anyway b/c the standard deduction was more at 3300… however, all the tools i bought help out in state taxes, where it gets wrote off.
so uncle sam owes me 1082 and the govener owes me 57. hello car parts 🙂
---
### Author:  [@whitey](https://forums.speedlife.net/u/whitey)
#### Post date: [February 1, 2007, 9:43pm UTC](https://forums.speedlife.net/t/fun-w-taxes/187781/8 "2007-02-01T21:43:51Z")
> [@FS/TRADE: 1991 S10 Pickup, Reg Cab, Longbed, 4.3L, Auto, $600](https://forums.speedlife.net/t/fs-trade-1991-s10-pickup-reg-cab-longbed-4-3l-auto-600/27629/10):
>
> well, i filed tools i had reciepts for under federal-- but it didnt matter anyway b/c the standard deduction was more at 3300… however, all the tools i bought help out in state taxes, where it gets wrote off.
>
> so uncle sam owes me 1082 and the govener owes me 57. hello car parts 🙂
since technically you are somewhat of an entrepreneur you could file tool purchases under Schedule C. Then you get your standard deduction plus Schedule C deductions. All equipment i purchase for pittspeed is filed under schedule C.