destadenzel
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Thank you, but technically that answer is not correct -- it's asking for the % of time I spend conducting business in the home offices and I spend 90% of my tim...
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Thank you for the response! Since I am just starting out my photography business I hardly had any income and my equipment like my computer and camera cost more ...
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Also, if I purchased the computer prior to 2017, should I enter what I purchased it for or the current value?
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Thank you! To follow, my next question is, what would the benefit be of classifying my computer under $2,000 as an expense vs. an asset?
Activity Feed for destadenzel
- Got Cheered for As a new business, should I enter a new computer under both Startup Costs AND Business Assets, or would that be a double-entry?. January 19, 2020 12:09 PM
- Posted Thank you, but technically that answer is not correct --... on Deductions & credits. June 4, 2019 9:49 PM
- Posted Home office expenses: how do show 2 offices used at different times of the year, NOT simultaneously? on Deductions & credits. June 4, 2019 9:49 PM
- Posted Thank you for the response! Since I am just starting out... on Business & farm. June 4, 2019 6:32 PM
- Posted Also, if I purchased the computer prior to 2017, should I... on Business & farm. June 4, 2019 6:32 PM
- Posted Thank you! To follow, my next question is, what would the... on Business & farm. June 4, 2019 6:32 PM
- Posted As a new business, should I enter a new computer under both Startup Costs AND Business Assets, or would that be a double-entry? on Business & farm. June 4, 2019 6:32 PM