I have $5200+ of Computer equipment expenses ranging from a computer parts build and subsequent parts upgrades and Monitor and a iPAD and much more....all on 30 receipts (various dates thru year). No single item approaches $2500 cutoff so I will depreciate all in one year as expense.
QUESTIONS: Should I list this total expense as 1 line item under Other Miscellaneous Expenses or subcategorize them under same? Will the IRS likely think I am exceeding the 1 item > $2500 rule?
Any suggestions appreciated...
