I'm a dog walker for Wag!. I also have a dog of my own. What if I use the same roll of plastic poop bags for my own dog's poop that I do for all of my Wag! clients' dogs? How do I accurately represent the business expenses on taxes?

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AI accountant’s answer:

Great question! When it comes to supplies like poop bags that you use for both personal and business purposes, you'll need to estimate the percentage used for your business. For example, if you use about half the bags for your Wag! clients, you could reasonably deduct 50% of the cost of the bags as a business expense.

When you file your taxes, you'll report this on Schedule C. The cost of the poop bags would likely fall under "Supplies" on Line 22. Just remember, it's important to keep receipts and make a note of how you calculated the business use percentage in case of an audit.

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