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drkarin
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Deducting or depreciating a washer and dryer for an in-home business that produces dirty laundry

I have clients come to my home and I am using approx. 1/4 of my space for my in-home business.  This past year I purchased a new washer and dryer and for my business I use these machines approx. 1/4 to 1/5 of the time, the rest is personal use. Should I add these appliances as assets to be deducted/depreciated?

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‎June 4, 2019 8:32 PM
last updated ‎June 04, 2019 8:32 PM
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PaulaM
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Deducting or depreciating a washer and dryer for an in-home business that produces dirty laundry

Yes, you can add the asset to your business and depreciate according to its business use percentage. See attached.

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‎June 4, 2019 8:32 PM
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drkarin
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Deducting or depreciating a washer and dryer for an in-home business that produces dirty laundry

Thank you for your prompt reply!
‎June 4, 2019 8:32 PM
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PaulaM
Expert Alumni
Expert Alumni

Deducting or depreciating a washer and dryer for an in-home business that produces dirty laundry

You are welcome 🙂
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