Timeline for How to correctly deduct purchase of a laptop dedicated to my consulting work?
Current License: CC BY-SA 3.0
7 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| May 4, 2015 at 6:07 | vote | accept | neubert | ||
| Apr 20, 2015 at 0:01 | history | tweeted | twitter.com/#!/StackFinance/status/589941897440993280 | ||
| Apr 19, 2015 at 21:44 | comment | added | littleadv | @jamesqf that would be very wrong. Computer is a depreciable capital asset, cannot be expensed. If you (and the computer) qualify, you can use Sec. 179 to skip the depreciation, but it is not the same as writing it off as a office expense on schedule C. | |
| Apr 19, 2015 at 21:19 | answer | added | Rocky | timeline score: 5 | |
| Apr 19, 2015 at 18:30 | comment | added | jamesqf | I've always (well, since the cost of a system dropped below several $K) just put computer stuff under Office Expense on Schedule C. | |
| Apr 19, 2015 at 17:37 | history | edited | Chris W. Rea | CC BY-SA 3.0 |
edited tags; edited title
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| Apr 19, 2015 at 17:04 | history | asked | neubert | CC BY-SA 3.0 |