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Baking ingredients and packaging for home bakers

Varies

Can You Write Off Baking Ingredients and Packaging for Home Bakers?

Short answer: Yes: ingredients and boxes for products you sell are deductible as cost of goods sold.

Groceries for your family aren't.

Records to keep: Keep receipts, 1099s and platform tax summaries, a mileage log, and a note of the business purpose.