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Can I write off a refrigerator and stove that i had to purchase for a home daycare

 
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3 Replies
MinhT
Expert Alumni

Can I write off a refrigerator and stove that i had to purchase for a home daycare

Yes, if these appliances are used for your home daycare business. you can deduct them as a business expense under the de minimis safe harbor election if they cost less than $2,500 each.

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Can I write off a refrigerator and stove that i had to purchase for a home daycare

There are different expense would i list it under miscellaneous expense
MinhT
Expert Alumni

Can I write off a refrigerator and stove that i had to purchase for a home daycare

In TurboTax, enter them as Assets. You will see a page asking Did you buy any item costing $2,500 or less? Answer Yes.
On the next page, click yes to the questions to make the election. Them enter the items with their descriptions and costs. Your items will be expensed fully by TurboTax. Please see the screenshots I have added to my main answer.
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