- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
Yes, you can claim equipment you purchased to use for your business. You'll be asked the type of asset, price you paid, when you first started using it for business, etc. and you have several options for claiming the expense.
You probably paid TurboTax extra to upgrade from a regular tax return to the 'self-employed' product, which suited your business.
If you are still using the assets for your business, you can add them to this year's return. If you no longer have business income, you could go back to the year you used them and Amend your Return to include them.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 27, 2023
11:22 AM