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Depreciation Categories
I am looking at the page that says "Describe this asset" and do not see an appropriate category. I think there used to be a category for appliances. I have to depreciate the washer/dryer, refrigerator, and window blinds. The categories are 1) Computer and telephone 2) Tools and Furniture 3) Intangibles and other property (like mortgage points). Can I expense these items as well? I know you can for the blinds for under $2500.
Thank you for any guidance
‎April 9, 2025
2:58 PM