600842
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.
You'll need to sign in or create an account to connect with an expert.
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.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
andrii16
New Member
marylwale338
New Member
hojosverdes64
New Member
in Education
user17548719818
New Member
botin_bo
New Member