Audio tax write-off

@gs5556 I think I made a mistake in asking for tax advice. This is a fun audio forum. I don't want people to feel resentful about a bummer topic, or that I am trying to get something for free. I was genuinely curious about what other people, who have audio equipment imbricated in their professional lives, do at tax time. I did not assume that situations would be directly comparable, and I know that the tax systems are different in Canada.  A bit regretful I brought it up. I do appreciate the general advice and the time people took. Thank you. 

@scowler1 Here's the sad truth: Home office use as office = 99.5%. Fun listening to my system in that office, after hours, as it were = .5%   So perhaps that's the more fundamental problem to address.  

Happy listening everyone!

Paul

As a former show horse owner, I can tell you to be careful about the division between your business and your hobby. If you want to write off your audio equipment for business use, that’s OK as long as you show a profit using that audio gear in 2 of every 7 years.
At least that’s the way it used to be.

Yes I do especially now as I am editing and ding audio dubs at the home as office is a no go

For the 21 years I had my business I did not write off the "office in the home", though it was 100% legit, as it would have figured into the "basis" when calculating the capital gains on my home and its equity.

Having said that, I did write off the purchases I made for business purposes, like computers, monitors, printers and supplies.  As well I wrote off a portion of my internet and cell phone bills.

The one thing I didn't do was to have a "company car", as my CPA advised that it was a "red flag" if I claimed over 25% as a "consultant", so instead I logged my business mileage and wrote the actual miles at the rates for those years according to the IRS standards.

It sounds like the items you are asking about for your taxes are "legit".  But I'd say it's best to bounce that off your tax advisor.

Another important consideration:
The home office tax write-off is not available to employees of companies.  If you're an independent contractor, gig worker or the business owner, you're good to go.
If you're just an "employee" of someone else who regularly works from home, trump's 2018 tax cut took that deduction away from you.  At least through 2025.