Safe Deposit Box
$25-$200/yr
Can You Write Off Safe Deposit Box?
Short answer: Safe Deposit Box — Bank & Financial Fees
Rental of safe deposit box for business documents or valuables.
Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.
BW-B9-08027
low risk
Safe Deposit Box
Typical range: $25-$200/yr
Multiple industries
Other Expenses
Bank & Financial Fees
Interest & Financing
Safe Deposit Box — Bank & Financial Fees
Applies to
- All Industries
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Rental of safe deposit box for business documents or valuables.
Category
- Bank & Financial Fees
- Interest & Financing
bank & financial fees
bank financial fees
safe deposit box
interest & financing
interest financing