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Yes, you may count the depreciation of your computer as a business expense.
In Publication 551, the IRS says
To figure the basis of property you receive as a gift, you must know its adjusted basis (defined earlier) to the donor just before it was given to you, its FMV at the time it was given to you, and any gift tax paid on it.Yes, you may count the depreciation of your computer as a business expense.
In Publication 551, the IRS says
To figure the basis of property you receive as a gift, you must know its adjusted basis (defined earlier) to the donor just before it was given to you, its FMV at the time it was given to you, and any gift tax paid on it.Still have questions?
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