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Old 02-14-2016, 08:00 AM
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TomCopeland TomCopeland is offline
Business Author/Trainer
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 3,066
Default expenses

Originally Posted by MissAnn View Post
How do I deduct this? Depreciation?
If it cost less than $2,500 you can deduct the business portion in one year. If it costs more you would depreciate it over 39 years. However, there is also a new rule that may allow you to deduct it in one year:
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