In 2007 I purchased a laptop and computer both for $900 each which are used for my Internet business...Can I deduct the total cost of $1,800? Or if I can't deduct $1,800...what is the amount I can deduct?
How do I deduct a computer and laptop from taxes?
are they both used soley for the business?
If yes, you may have to depreciate them (basically, claim the value as a deduction over a number of years).
If not, don't risk the audit by trying to claim them.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment