The cell phone itself would be considered an asset, so you would take the 30% you calculated as an asset and depreciate that over it's useful life on your return. The cell phone might qualify for either section 179 deduction or bonus depreciation (meaning you can depreciate the phone faster). To see if it qualifies for either 179 Deduction or Bonus depreciation click here: What is a Section 179 deduction? - Community or here: Solved: What is bonus depreciation - TurboTax.
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