A. Yes. If you’re self-employed, you can depreciate the cost of a home computer used for business purposes. Example: If the laptop cost you $2,000, you can write off the cost over five years. Alternatively, you might expense the entire amount under . But, in either event, only the portion attributable to business use is deductible. If you use the laptop 80 percent for business, the maximum write-off is $1,600 (80 percent of $2,000). Tip: To avoid the record-keeping hassle, use the laptop exclusively for business and another PC for personal reasons.
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