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Reimel61 02-17-2020 09:44 AM

Question on Maintenance Deduction
 
I had my driveway sealed for $300. Can I deduct that all at once?
Thanks

TomCopeland 02-17-2020 11:55 AM

deductions
 

Originally Posted by Reimel61:
I had my driveway sealed for $300. Can I deduct that all at once?
Thanks

Yes, you can deduct the business portion of any expense, no matter what the cost, with the exception of the purchase of a home, home improvement or home addition. Multiply the $300 by your time-space% and deduct it as a repair on Form 8829.


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