Yes, the second computer that you kept if it cost less than $2,500 would be a deductible expense on your return if it is used for business.
If it costs more than $2,500 it would be entered as an asset on your Schedule C, however, you would be able to take a Section 179 deduction for the purchase and still claim the full purchase price for 2024. As you walk through the steps in the asset section, you will be asked if you want to fully expense the computer.
Yes, the restocking fee you can list as a miscellaneous expense. When you do this just add in the description that it was a restocking fee for computer that was returned and the amount that you were charged.
If the computer is not used 100% for business, then you must prorate the cost between business and personal use. Example, if the computer is used for business only 50% of the time and you paid $2,400, you would only be able to deduct $1,200.
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