1. Yes. However, if you also use it for personal use, you have to allocate the work percentage.
2. Correct as to Federal.
3. Yes, however, to actually receive a tax benefit, your miscellaneous itemized deductions need to be more than 2% of your adjusted gross income, so you will want to list as many deductible expenses as you can.
4. In some states it is illegal for employers to charge employees for lost or damaged equipment. You might want to investigate this further.
