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January 23, 2022
Question

Can I deduct my laptop for work listing price under $2500

  • January 23, 2022
  • 1 reply
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What if the cost of my computer was $2423.00 but after taxes was $2557.00? can I deduct the cost of the computer only and omit the sales tax? Because the value of the laptop/asset was under 2500 but because of sales tax it put me over by $57. Please help I am self employed and use the computer entirely for work.

    1 reply

    January 23, 2022

    sales tax counts. but you can still get the full deduction in the year acquire by taking bonus/special depreciation for the full cost.  or you can take section 179 for the full cost, but the 179 deduction has limitations that bonus/special depreciation doesn't have.