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krb
New Member

I purchased a projector to do presentations in a training workshop. How can I expense that?

I bought an InFocus Projector to show slides from PowerPoint during the training I provide.

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DS30
New Member

I purchased a projector to do presentations in a training workshop. How can I expense that?

You would be able to claim an expense for the projector if you are claiming the safe harbor election and could include the projector under "office expenses"  or "supplies" . Otherwise, you would need to include the projector a business asset and claim deprecation (plus IRC Section 179 expense and/or bonus depreciation if you qualify). 

See below about claiming the safe harbor election to expense your office equipment :

https://ttlc.intuit.com/replies/4682171


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1 Reply
DS30
New Member

I purchased a projector to do presentations in a training workshop. How can I expense that?

You would be able to claim an expense for the projector if you are claiming the safe harbor election and could include the projector under "office expenses"  or "supplies" . Otherwise, you would need to include the projector a business asset and claim deprecation (plus IRC Section 179 expense and/or bonus depreciation if you qualify). 

See below about claiming the safe harbor election to expense your office equipment :

https://ttlc.intuit.com/replies/4682171


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