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New Member
posted Apr 14, 2025 2:43:35 PM

Can I deduct the cost of my computer I used for my on-line business.

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1 Replies
Expert Alumni
Apr 14, 2025 3:55:39 PM

If the cost of the computer was up to $2,500, you can deduct it as a business expense under the business safe harbor election.  

 

If the cost was more, then you can treat it as a business asset and depreciate it.  

 

Remember that you can only claim the percentage of business use. This is only true if you are self-employed. Employees can't claim their computer.  

 

IRS Publication 946, How to Depreciate Property