• Community
  • :
  • Discussions
  • :
  • Taxes
  • :
  • Business & farm
  • :
  • Re: Which expense category should I use if my new laptop cost me over $2500 (the Asset category is only for up to 2500).
Bsch4477
Level 15 Bsch4477
Level 15
  • Mark as New
  • Bookmark
  • Subscribe
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

Business & farm

If used 100% for business you can expense the entire cost in one year as a 179 deduction. Read about it here. 

https://turbotax.intuit.com/tax-tips/small-business-taxes/depreciation-of-business-assets/L4OStLQEL

 

‎January 6, 2023 6:24 PM
0
569 Views
Reply
Bookmark Icon
Powered by Khoros