Biz Write-Offs LogoBiz Write-Offs

Boxing ring and heavy bags

$500-$15,000

Can You Write Off Boxing Ring and Heavy Bags?

Short answer: Yes: rings, bags, and gloves for a boxing or MMA gym are deductible.

Mat cleaning supplies too.

Records to keep: Keep the receipt, proof of payment, and a note or log showing business use; for mixed-use items, track the business percentage.