- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
If the cost of the computer was up to $2,500, you can deduct it as a business expense under the business safe harbor election.
If the cost was more, then you can treat it as a business asset and depreciate it.
Remember that you can only claim the percentage of business use. This is only true if you are self-employed. Employees can't claim their computer.
IRS Publication 946, How to Depreciate Property
‎April 14, 2025
3:55 PM