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New Member
posted Jun 26, 2025 5:34:05 PM

I had to purchase things like a commercial espresso machine, grinders, ice maker, etc... Where do I input my expenses for commercial equipment and appliances?

0 5 3767
5 Replies
Level 15
Jun 28, 2025 9:33:09 AM

Is this for a business?

 

If so, items over $200 are generally depreciated as "assets".  But there are several elections that if you qualify for that election and actually make that election, you might be able to deduct it as a "supply".  See the IRS link below for information about some of those elections.

 

Items $200 or less, or items that qualify for an election and you actually make the election, you would enter it as a "supply".

 

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

 

 

Level 15
Jun 28, 2025 9:34:43 AM

Sorry, this STUPID forum isn't allowing the link I provided.  The Moderators REALLY need to fix that for those of us that post regularly.

Level 15
Jun 28, 2025 9:55:36 AM
Level 12
Jun 28, 2025 9:55:50 AM


@AmeliesUncle wrote:

Sorry, this STUPID forum isn't allowing the link I provided.  The Moderators REALLY need to fix that for those of us that post regularly.


I'm going to try and post the same link (see what happens).

 

Tangible property final regulations | Internal Revenue Service

Level 15
Jun 28, 2025 1:31:39 PM

Thank you both for the functional link.