Biz Write-Offs LogoBiz Write-Offs

Sourcing trips for resale inventory

Per mile

Can You Write Off Sourcing Trips for Resale Inventory?

Short answer: Yes: miles driven to thrift stores, estate sales, and the post office are deductible.

Log each trip.

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