Biz Write-Offs LogoBiz Write-Offs

Guitar strings and picks

$50-$300/yr

Can You Write Off Guitar Strings and Picks?

Short answer: Yes: consumable instrument supplies are deductible for working musicians.

Self-employed people deduct ordinary and necessary business costs on Schedule C, which lowers both income tax and the 15.3% self-employment tax.

Records to keep: Keep receipts, 1099s or W-2s, a mileage log, and a note of the business purpose. W-2 employees should ask about employer reimbursement.