Free Construction Worker Tax Deduction Checklist

Prepared by: [Your Name]

Date: [Date]

I. Business Expenses

A. Tools and Equipment

• List all tools and equipment purchased specifically for construction projects.

• Include purchase dates and amounts.

B. Material Expenses

• Detail all materials bought for construction work (e.g., lumber, concrete).

• Keep receipts and invoices for accuracy.

C. Uniforms and Safety Gear

• Note expenses for uniforms, safety boots, helmets, and other protective gear.

D. Vehicle Use

• Track mileage for construction-related travel.

• Include fuel, maintenance, and insurance costs.

E. Licensing and Certification

• Record expenses related to obtaining and maintaining construction licenses.

• Include costs for any required certification courses.

II. Home Office Deductions

A. Workspace Measurement

• Measure the area of your home used exclusively for business.

B. Usage Calculation

• Determine the percentage of your home used for work.

C. Home-Related Expenses

• Compile expenses such as electricity, mortgage, or rent.

• Calculate the portion attributable to business use.

III. Insurance and Medical

A. Life Insurance Premiums

• Verify if life insurance premiums are deductible.

B. Medical Expenses

• Review medical bills for potential deductions.

C. Retirement Contributions

• Assess retirement plan contributions for tax benefits.

IV. Miscellaneous

A. Professional Development

• Itemize expenses for continuing education and training related to construction.

B. Professional Consultation

• Schedule a meeting with a tax professional to explore additional deductions.

• Include the cost of consultation as a potential deduction.

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