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Receipts under $75

$0-$75

Can You Write Off Receipts Under $75?

Short answer: The IRS doesn't require receipts for most expenses under $75 (other than lodging), but you still need a record of what, when, where, and why.

A bank statement plus a note of the business purpose usually works.

Records to keep: Keep receipts or invoices, proof of payment, and a note of the business purpose for each expense.