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M
manbeing
Employee
March 20, 2023
Question

Where to report the $2500 De Minimis Safe Harbor on Business Expenses in turbotax?

  • March 20, 2023
  • 1 reply
  • 0 views

I bought a laptop ($2,200) for business use. I would like to use De Minimis Safe Harbor to report it as expense rather than to depreciate  it.

Should I report it under 'Supplies' or 'Other Miscellaneous Expenses'?

 

    1 reply

    A
    AnnetteB6
    March 20, 2023

    Either option is fine.  The Miscellaneous Expense section may be better because you can add your own description for the expense and then you will know exactly where your numbers originated.  

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