turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Where do I itemize NON "incidential" personal business expenses?

Hello! I'm wondering where to record big-ticket home office expenses – things like a desk I bought at Ikea, for instance, or a desktop computer. I see a category for office expenses (software, decorations), and a category for supplies (incidental items like pens and ink cartridges), but nothing for larger, more expensive, semi-permanent equipment like computers or furniture. Thank you!
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
MichaelMc
New Member

Where do I itemize NON "incidential" personal business expenses?

In the Business Income and Expenses section, scroll down to Business Assets and click [Start] or [Update] next to Assets Being Depreciated.

The interview will guide you through a series of questions about each of your "big ticket" items and explain the guidelines for depreciating such assets or taking advantage of first-year expensing under Sec. 179.

View solution in original post

2 Replies
MichaelMc
New Member

Where do I itemize NON "incidential" personal business expenses?

In the Business Income and Expenses section, scroll down to Business Assets and click [Start] or [Update] next to Assets Being Depreciated.

The interview will guide you through a series of questions about each of your "big ticket" items and explain the guidelines for depreciating such assets or taking advantage of first-year expensing under Sec. 179.

Where do I itemize NON "incidential" personal business expenses?

Thank you!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies