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Level 2
posted Jul 10, 2020 1:57:47 PM

What business expense category do I use for a laptop computer that costs less than $2500?

What business expense category do I use for a laptop computer that costs less than $2500? I am going to take it as an annual election, not depreciated, but none of the business expense categories seem to be applicable. I think I can take it under the Safe Harbor deduction.

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1 Best answer
Expert Alumni
Jul 10, 2020 7:20:43 PM

Miscellaneous expenses where you enter your own description and amount should work just fine for your Safe Harbor deduction.

 

 

@Mira D

2 Replies
Level 2
Jul 10, 2020 3:05:35 PM

I found something called Misc Expenses. Hopefully that will work.

Expert Alumni
Jul 10, 2020 7:20:43 PM

Miscellaneous expenses where you enter your own description and amount should work just fine for your Safe Harbor deduction.

 

 

@Mira D