You'll need to sign in or create an account to connect with an expert.
Expense it and be done with it. Depreciating $700 over 7 years has zero impact on your tax liability. Even over 5 years, it "might" reduce your liability by a buck or two. Not worth the effort. Just expense it and call it good.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
rubiestoo
New Member
rhalexda
Returning Member
vward80
New Member
obeteta
New Member
osgood53
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.