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utc66 · 12 December 2010, 03:27 PM

An interesting thought I had today. If I was an independent commercial diver, I could write-off my Rolex Tool watch as it is a piece of equipment I use for my business. If that's the case, as a working musician who pays taxes on all my gigs, can I not write-off my Rolex SD as a business expense as I use it to time things in the job as well - sets, breaks, time songs in the studio, etc. Or am I just inviting trouble with the tax person?

12 December 2010, 03:27 PM	#1
utc66 "TRF" Member Join Date: Jul 2008 Location: DC Watch: 16600, PAM112,EZM1 Posts: 463	An interesting thought I had today. If I was an independent commercial diver, I could write-off my Rolex Tool watch as it is a piece of equipment I use for my business. If that's the case, as a working musician who pays taxes on all my gigs, can I not write-off my Rolex SD as a business expense as I use it to time things in the job as well - sets, breaks, time songs in the studio, etc. Or am I just inviting trouble with the tax person? Last edited by utc66; 12 December 2010 at 03:28 PM.. Reason: Spelling

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