I see that deductions can be made in both the business expense section and under 'personal' in job-related expenses. I initially put it under business expenses, but that made my audit risk high because it exceeded my income for this year for that business. But I use the computer for my work.
When I classified it as a job-related expense in 'Personal', my audit risk was low, but it did not reduce my federal taxes owed.
What is the correct way to classify this expense? I am unable to find an answer for this question.
If the correct classification is in Business Expenses, I'm concerned that the audit risk is so high. Either way, I want to classify it correctly. Thank you!
