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Level 2
posted Mar 4, 2024 6:54:31 PM

bussiness deductions

Hi, I have a small business, And have a mini split AC installed specifically for the business. Total for parts is $1100 and my labor. Can I deduct this cost ($1100) as office expense? Or there is better way?

Thank you

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1 Replies
Expert Alumni
Mar 4, 2024 7:50:49 PM

It isn't clear if this is a home office or place of business, but you would enter the mini-split as an asset and the program should ask if you would like to expense the total amount of 1,100.

Your labor cannot be included.