Deductions & credits


@DaveLaQ wrote:

I've got a bunch of stuff that costs tens or a couple hundred dollars. 


You do not need to use the safe harbor for assets that cost $200 or less. You can expense those assets as "materials or supplies" (provided they are not considered inventory).

 

See https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations

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