ToddL99
Expert Alumni

Deductions & credits

As long as you intend to continue using them for business purposes, you can continue claiming a depreciation deduction. This would appear to be the case since you are still operating a business (computer and office chair in use) and are contemplating reopening a physical office where they would be needed.

 

A lot of business assets were placed in indeterminate storage in 2020. Once you decide not to open another physical office, these items would likely be considered as converted to personal use and awaiting sale or disposition.