PaulaM
Employee Tax Expert

Business & farm

It depends on a few things. If you used in business and they cost less than $2500, you can make an annual election and expense them. But the election will apply to all your businesses, rentals and farms.

See FAQ and IRS pub 946 for guidance.

https://ttlc.intuit.com/replies/3302228

https://www.irs.gov/pub/irs-pdf/p946.pdf

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