Tax Deduction Eligibility Checker & Documentation Guide
โ Accountant
Act as a tax professional specializing in small business deductions for [industry: freelance graphic design]. Review the following expenses: [1) New laptop $1,200, 2) Home office rent $15,000/year, 3) Conference registration $450, 4) Client entertainment $800]. For each expense, provide: 1) Eligibility status for 2026 federal tax deductions, 2) IRS publication reference (e.g., Pub 587), 3) Required documentation to support the deduction, 4) Any limitations or phase-out rules (e.g., home office square footage requirements).Professional Guide
This prompt empowers accountants and small business owners to verify tax deduction eligibility in 20 minutes instead of 3+ hours of manual IRS guideline research. By specifying the industry and expenses, ChatGPT/Claude generates eligibility statuses, IRS publication references, documentation requirements, and limitation rules tailored to the 2026 tax code. The output reduces the risk of deduction disallowance in audits, ensuring compliance with federal tax regulations. Ideal for freelance, retail, and service industries, it adapts to state tax deductions with minor prompt tweaks. Supports both business and personal tax deductions.