zyxvw1
New Member

Get your taxes done using TurboTax

The computer is an asset, and is usually depreciated over 5 or 7 years.  Turbo tax can help you with that.

Otherwise,  you could take accelerated depreciation on it.  And... another tip:  to be a business, you must show a profit in 3 out of 5 years, or else it is classified as a hobby.  Hope this helps.