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Stephen G.
Stephen G., Sr Income Tax Expert
Category: Tax
Satisfied Customers: 7197
Experience:  Extensive Experience with Tax, Financial & Estate Issues
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We bought a mattress on Craig's list I 't remember what we

Customer Question

We bought a mattress on Craig's list I don't remember what we paid. It was a originally 6500.00 in 2009. It was a temper-pedic adjustable. What should I put on my taxes
JA: The Accountant will know how to help. Please tell me more so we can help you best.
Customer: What else do you need?
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Customer: I am sorry it was for our b&b
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Submitted: 1 year ago.
Category: Tax
Expert:  Jason M. Tyra, CPA replied 1 year ago.

Hi There:

The cost to purchase a mattress would be considered a non-deductible personal expense.

Expert:  Stephen G. replied 1 year ago.

Evidently, Jason is no longer available.

The mattress would be a deductible expense if it was for your B & B, but it would only be deductible in the amount you paid for it used or new on Craig's list, not what it may have been worth.

How large is your B & B and how often do you replace mattresses?

Or was this a special suite or room used for special occasions?