topic I bought a computer for 1099 work. Can I write it off as an expense since it was under $2500 or do I have to depreciate it as an asset? in Deductions & credits

I bought a computer for 1099 work. Can I write it off as an expense since it was under $2500 or do I have to depreciate it as an asset?

kmarich13 — Tue, 03 Feb 2026 13:10:55 GMT

Re: I bought a computer for 1099 work. Can I write it off as an expense since it was under $2500 or do I have to depreciate it as an asset?

Mike9241 — Wed, 05 Feb 2025 03:00:16 GMT

since it cost under $2500 you can write it off. however, if you are in a low tax bracket and expect to be in a higher tax bracket in future years depreciating it over its useful life may save you more in taxes. a definitive answer is not possible.

Re: I bought a computer for 1099 work. Can I write it off as an expense since it was under $2500 ...

SabrinaD2 — Wed, 05 Feb 2025 03:12:38 GMT

You can generally write off the full cost of the computer as a business expense since it was under $2,500. Utilizing the de minimis safe harbor election allows you to deduct the entire amount in the year of purchase, rather than depreciating it over several years.

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