I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

I make & sell pottery. In 2016 I started leasing a private studio outside my home and bought a new ceramic kiln for $2367. Kilns can last 20+ yrs.

Depreciate it or add it as a 2016 deductible business expense?

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I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

The Kiln would qualify as an asset, so it would need to be depreciated. Click here to read about depreciation: https://www.irs.gov/pub/irs-pdf/p946.pdf

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I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

The Kiln would qualify as an asset, so it would need to be depreciated. Click here to read about depreciation: https://www.irs.gov/pub/irs-pdf/p946.pdf

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

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I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

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I make &amp; sell pottery. In 2016 I started leasing a private studio &amp; got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

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I make &amp; sell pottery. In 2016 I started leasing a private studio &amp; got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

I make &amp; sell pottery. In 2016 I started leasing a private studio &amp; got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

I make &amp; sell pottery. In 2016 I started leasing a private studio &amp; got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

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I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?

I make & sell pottery. In 2016 I started leasing a private studio & got a new ceramic kiln, $2367. Kilns can last 20+ yrs. Depreciate it or add it as a 2016 bus. expense?