- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
You can expense these pieces of equipment if you make the de minimis safe harbor election.
They are then expensed as Miscellaneous expenses and described as Equipment with a unit cost below $2,500.
Please read this IRS document for more information.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 26, 2023
2:26 PM