Molds and Tooling
Varies
Can You Write Off Molds and Tooling?
Short answer: Custom tooling for production.
Molds and Tooling may be deductible when purchased for ordinary and necessary use in your manufacturing / small factory business. Documentation of business purpose is usually required.
BW-BUY-01745
medium risk
Molds and Tooling
Varies
Manufacturing / Small Factory
Other Expenses
Molds and Tooling
Custom tooling for production.
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
Molds and Tooling may be deductible when purchased for ordinary and necessary use in your manufacturing / small factory business. Documentation of business purpose is usually required.
Write-off library
Molds and Tooling
Custom tooling for production.
Documentation to keep
- Receipts, invoices, or bank/credit card statements
- Written business purpose and date of expense
- Logs or apps tracking business use when mixed personal/business use applies
Tax references
Schedule C (Form 1040)
Form 4562
molds and tooling
manufacturing
category