Can I depreciate computers & business furniture that were claimed as business expenses last year?

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Can I depreciate computers & business furniture that were claimed as business expenses last year?

No, not if you took the full amount as an expense last year. You can only deduct an item once. However, if you depreciated the items last year, you may have remaining depreciation deductions that carry over.

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Can I depreciate computers & business furniture that were claimed as business expenses last year?

No, not if you took the full amount as an expense last year. You can only deduct an item once. However, if you depreciated the items last year, you may have remaining depreciation deductions that carry over.

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