Yes, everything between $200 and your "specified dollar amount" (usually $2500) must be listed as an expense.
Actually, my citation above isn't the ideal one, the better one is this:
"a taxpayer electing to apply the de minimis safe harbor ... may not capitalize ... any amount paid in the taxable year for tangible property if the amount specified under this paragraph (f)(1) meets the requirements"
<a rel="nofollow" target="_blank" href="
https://www.law.cornell.edu/cfr/text/26/1.263(a)-1">https://www.law.cornell.edu/cfr/text/26/1.263(a)...>
