Am in process of completing 2018 Fed tax forms as a self employed consultant. Purchased new mobile phone & case in 2018 ($569.00) Under what section can this be deducted?

[Coleen3 · Accepted solution]

You would list it under the depreication section. The deduction is called a Section 179. You may take up to 100% of the cost in the first year if you qualify. If you dispose of the vehicle befor its five year life has ended, you will have to recapture a portion of the deduction you took in advance.