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New Member
posted Apr 19, 2023 9:44:35 AM

Can computers and printers be added as an asset for depreciation if used to track investments? I do not have a home business.

The equipment is used 35% for investment purposes.

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1 Best answer
Level 15
Apr 19, 2023 10:05:08 AM

No. they would be an investment expenses that are not currently deductible for federal income tax purposes

2 Replies
Expert Alumni
Apr 19, 2023 9:57:51 AM

No, Assets for Depreciation would need to be attached to a Business of some sort (Schedule C) or Rental Property (Schedule E).

 

An asset is property you acquire to help produce income for your business.

 

Here's more info on Depreciation of Business Assets.

 

@user27508 

 

 

 

 

Level 15
Apr 19, 2023 10:05:08 AM

No. they would be an investment expenses that are not currently deductible for federal income tax purposes