Question

Where on the Scheulde C do I deduct inexpensive office furniture and training equipment?

Forum|Forum|7 years ago
June 1, 2019
2 replies
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I purchased several inexpensive tables, chairs, yoga cushions, etc for my training center. Where on my Schedule C do I deduct these? Individually, they're inexpensive. Together though, each category adds up to several hundred dollars.

Also, where would I deduct massage tables? Wall mirrors for the training room?

TurboTax Home & Biz Mac

T

TheBougsAuthor

I am wanting to know more specifically which category I would deduct these types of items if I deduct them as Business Expenses rather than Assets. Would these types of items be office expenses or "other expenses"? Also, should I itemize them out by chairs, tables, lamps, dividers, etc, with separate category dollar amounts? Or as "Furnishings" with a single dollar amount that would then add up to more than $2500?

J

JulieCo

Employee

For smaller dollar value items, you can expense the items as supplies. For the larger dollar items that could be considered assets, see more information below about expensing items under $2,500:

https://ttlc.intuit.com/replies/4682171

T

TheBougsAuthor

I am wanting to know more specifically which category I would deduct these types of items if I deduct them as Business Expenses rather than Assets. Would these types of items be office expenses or "other expenses"? Also, should I itemize them out by chairs, tables, lamps, dividers, etc, with separate category dollar amounts? Or as "Furnishings" with a single dollar amount that would then add up to more than $2500?