TomK2023
Expert Alumni

Deductions & credits

Yes, you can deduct the 80% of the laptop's cost as long as your "business expenses must be necessary, customary, and reasonable, according to the IRS". That means that you have to have a business use for your computer.

 

Follow the below instructions to enter your home office, vehicle mileage, supplies, and other common business expenses in TurboTax Online.

  1. Type Schedule C in the Search box.
  2. Select the Jump to link.
  3. Answer Yes to Did you have any self-employment income or expenses? and answer the questions until you get the Select any expense categories you have screen.
  4. Select your expenses, then Continue.
    • If you've already worked in this section, select Edit or Review next to your business.
  5. Then select Start or Edit next to an expense type that you had.
  6. Enter your expense description and amount, and answer any other questions we ask.
  7. If you had more than one expense for a type, select Add another row to include them all.
  8. If you have additional expenses of other types, select Add expenses for this work and repeat steps 4 through 6 to add more.

 

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