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Article Date:
May 2011

Word Count:



Can I Deduct My Handgun?



I carry a pistol with me as a real estate agent. Can I depreciate the pistol and write off the rounds I purchase for shooting practice? (A.J., Minneapolis, Minn.)




You may deduct the handgun and the cost of shooting practice if the handgun is an ordinary and necessary business expense.1


You may or may not be able to prove that the handgun is an ordinary and necessary expense.


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