# 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:** 1
**Showing post:** 8

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### Author: ![whitey](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/whitey/32/5911_2.png) [@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")

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> [@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.

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