Can you write off a haircut? Is a haircut a business expense if you make money on camera?
Tax content creator, Karlton Dennis, says yes.. His argument: he gets paid to be seen, so looking good is a business cost. Keeper CPA Scott Levy has been doing this 15 years and explains why the IRS won't allow it.
What Scott covers:
IRC Section 262. Personal expenses aren't deductible, full stop. It doesn't matter how much the expense helps your business.
Hynes v. Commissioner, 1980. A Boston TV news anchor deducted his haircuts, makeup and dry cleaning. His contract literally required him to maintain an appearance suitable for television. The Tax Court still said no. Needing to look presentable for work doesn't make grooming a business expense.
The actual test. Would you still be paying for this if you had a completely different job? A haircut comes with you off the clock, so it's personal.
When can your haircut be tax deductible? Stage makeup, a costume, something so specific to a gig you'd never wear it out with friends. That's deductible.
Not sure what you can claim? Keeper finds your write-offs automatically! Link in bio to try it for free!
Clip: @karltondennis
Educational only, not personal tax advice.
#keepertax #taxpertreacts #selfemployed #writeoffs #taxdeductions
Tax content creator, Karlton Dennis, says yes.. His argument: he gets paid to be seen, so looking good is a business cost. Keeper CPA Scott Levy has been doing this 15 years and explains why the IRS won't allow it.
What Scott covers:
IRC Section 262. Personal expenses aren't deductible, full stop. It doesn't matter how much the expense helps your business.
Hynes v. Commissioner, 1980. A Boston TV news anchor deducted his haircuts, makeup and dry cleaning. His contract literally required him to maintain an appearance suitable for television. The Tax Court still said no. Needing to look presentable for work doesn't make grooming a business expense.
The actual test. Would you still be paying for this if you had a completely different job? A haircut comes with you off the clock, so it's personal.
When can your haircut be tax deductible? Stage makeup, a costume, something so specific to a gig you'd never wear it out with friends. That's deductible.
Not sure what you can claim? Keeper finds your write-offs automatically! Link in bio to try it for free!
Clip: @karltondennis
Educational only, not personal tax advice.
#keepertax #taxpertreacts #selfemployed #writeoffs #taxdeductions
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