Checkmark iconCan I Write This Off?

Can I write off a tailored suit or Rolex watch if wearing it for business meetings

TL;DR

Generally, tailored suits and Rolex watches are not deductible as business expenses because they are considered personal items, even if used for business meetings.

Detailed Answer

The IRS typically does not allow deductions for clothing that is adaptable to general use as personal attire, even if it is worn for business purposes. A tailored suit or a Rolex watch falls into this category because they can be worn outside of business settings. Deductible clothing must be specifically required for work and not suitable for everyday wear, such as uniforms or protective gear. There are no percentage limits or business-use requirements that would make these items deductible, as the primary test is whether the clothing is adaptable to personal use.

Where to Put It on the Tax Form

N/A, as these expenses are not deductible.

Real World Example

A real estate agent purchases a $2,000 tailored suit and a $10,000 Rolex watch to make a good impression during client meetings. Despite the business intent, these expenses are not deductible because the items can be worn outside of work.

Audit Risk & Documentation Tips

Audit risk for attempting to deduct personal clothing and accessories is high. Taxpayers should avoid claiming such deductions unless they can clearly demonstrate the items are not suitable for personal use. Keep detailed records and documentation if claiming deductions for work-specific clothing, such as uniforms or protective gear.

IRS Reference

IRS Publication 529, Miscellaneous Deductions; IRS Publication 535, Business Expenses.

Relevant Industries

ConsultantsFinancial AdvisorsReal Estate Agents

Popular Related Pages

Related Questions

Disclaimer: This is for informational purposes only and should not be construed as tax or legal advice. Always consult your tax advisor.

Page created on February 27, 2026

Back to Search