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Get your taxes done using TurboTax
Since you used the equipment for only 2 weeks converting the equipment from personal to business use and back again wouldn’t be worth deducting. You certainly can’t deduct the expense of new equipment you won’t use for business this year and you can’t deduct it next year if you’re an employee. It will be simpler to report the income as miscellaneous income.
December 21, 2023
2:56 PM