Rent to own computer used for work.

SweetShadow04 · ‎January 13, 2020

I rent to own a computer that I use for work. I still have three monthly payments left. Do I claim the depreciation on this tax return or do I have wait till its paid off?

xmasbaby0 · ‎January 13, 2020

Are you self-employed or do you receive a W-2? If you get a W-2 you cannot deduct anything for the computer on your federal return.

https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-re...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

SweetShadow04 · ‎January 13, 2020

self employed. sorry 🙂

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Rent to own computer used for work.