Rather than doing the Section 179, I chose to expense a software purchase (as guided by TurboTax when I started to enter it as an depreciable asset), but I cannot figure which expense category it should be included with.
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Software may be included in Office Expenses or added at the end of the expense section as "other expenses" with a custom description.
In general, purchases under $500 are included as expenses rather than assets for depreciation.
Software may be included in Office Expenses or added at the end of the expense section as "other expenses" with a custom description.
In general, purchases under $500 are included as expenses rather than assets for depreciation.
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