News for hackers. Stuff that matters.
Re:Problem with selling developer tools is that devs have no... by jt2190 on Sunday April 14, 2024 @07:45AM (#40030438)
> … claim it on tax.

How does a U.S. employee (exempt, W2 form) do this?

Re:Problem with selling developer tools is that devs have no... by dilyevsky on Sunday April 14, 2024 @08:21AM (#40030622)
You dont (unless you’re 1099)
Re:Problem with selling developer tools is that devs have no... by spicyusername on Sunday April 14, 2024 @07:53AM (#40030483)
And how do you get above the standard deduction... Jetbrains is like $200 / year. Only $27,500 more to go!
Re:Problem with selling developer tools is that devs have no... by netman21 on Sunday April 14, 2024 @07:53AM (#40030485)
If you qualify for itemized deductions, which you do if you have a mortgage, you can claim things you need for professional development, etc. Subscriptions are a good catch-all. The IRS meant magazine subscriptions, but...
Re:Problem with selling developer tools is that devs have no... by dilyevsky on Sunday April 14, 2024 @08:22AM (#40030627)
There’s no but - if you do this and get audited, it’s not going to fly
Re:Problem with selling developer tools is that devs have no... by lolinder on Sunday April 14, 2024 @08:03AM (#40030535)
Only a few categories of people get to claim professional development expenses as a tax deduction [0], mostly self-employed.

> If you qualify for itemized deductions, which you do if you have a mortgage

If you have a sufficiently large and expensive mortgage and/or are filing as an individual. Our interest almost got us over the standard deduction in the first year, but every year since then the standard deduction threshold just gets further and further away.

[0] https://www.irs.gov/taxtopics/tc513

Re:Problem with selling developer tools is that devs have no... by dilyevsky on Sunday April 14, 2024 @08:24AM (#40030643)
Dont worry - next year is last year of increased standard deduction =)
Re:Problem with selling developer tools is that devs have no... by lolinder on Sunday April 14, 2024 @08:31AM (#40030665)
Won't help now, though, because the amount of interest we pay has gone down and will continue to go down. =)