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Thanks @Anonymous_ Now Sch C trick seems to working now. Could you please help me with with these questions?

 

Business expense deductions

 

There are 2 types of Business Expenses which one would deduct as expense

services - subscription , data fees etc

goods/hardware - computer you need

 

Lets assume I have already deducted them for 2022 taxes.

 

Then do you get to choose depreciation as Business Asset for the same computer expense which you have already deducted as business expense. Or it has to be something else which you either have not deducted or not able to deduct as business expense?

 

Computer Hardware I bought and deducted as business expense in year 2022 are now business assets?

yes or no?

 

In turbotax it is asking Business assets summary.

 

Thanks in advance