72930930_rce___Professional_Development__0
[1] The IRS disallowed $3,763 of supplies deducted by Rehman. He produced a list of expenses showing the date purchases, a description and the amount spent. [2] A taxpayer can deduct the cost of supplies if the cost is an ordinary and necessary expense directly connected with his or her business. [3] Rehman's list did not show that the supplies were related to his business as a securities trader, the court stated. Therefore, he is not entitled to deduct the expenses. [0] 
Supplies
Greater Providence Chamber of Commerce | Professional Development
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