Work laptop and cellphone—expense or depreciation?

manbeing · ‎February 16, 2025

I have a single member LLC. I bought a work laptop and cellphone for my business in 2024.

Should I report them as business expense ? or need to depreciate them over years?

Thanks!

MinhT1

If the laptop and computer cost each $2,500 or less, you can use the de minimis safe harbor election to expense them.

Remember that if you use the equipment for both personal and business purposes, you can only expense the business portion.

Please read this TurboTax Help article on the de minimis safe harbor election and how to claim it in TurboTax.

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MinhT1

If the laptop and computer cost each $2,500 or less, you can use the de minimis safe harbor election to expense them.

Remember that if you use the equipment for both personal and business purposes, you can only expense the business portion.

Please read this TurboTax Help article on the de minimis safe harbor election and how to claim it in TurboTax.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Do you have an Intuit account?