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New Member
posted Jun 6, 2019 9:38:52 AM

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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1 Best answer
New Member
Jun 6, 2019 9:38:53 AM

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


1 Replies
New Member
Jun 6, 2019 9:38:53 AM

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