Tires for business trailer

[conniehoward0570]

We have a trailer that my husband uses 100% for business. We have had to purchase new tires for the trailer several times this year. How are those expensed on the Schedule C? Are they a maintenance expense, do they have to be depreciated, or do they fall under safe harbor?

[tagteam]

Depreciated or you might be able to use Section 179 if the cost is more than $2,500.

Otherwise, you can take advantage of the de minimis safe harbor election.

See https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations#Ad...