Taking the standard deduction and claiming business deductions

In the realm of tax deductions, a common question arises: Can you claim the standard deduction while also deducting business purchases?

The answer is a definite yes! The standard deduction is specifically for personal deductions that you can take instead of itemizing them. These personal deductions are separate from your business deductions. So, you can absolutely claim your business expenses on top of the standard deduction.

Read more about it in our article, “Can I Take the Standard Deduction and Deduct Business Expenses?