Q. I bought a new computer through my self-employed business. Can I deduct the full cost if I use it at home? S.B., Buffalo, NY
A. Not exactly. You’re entitled to deduct the portion of the cost attributable to your business use. Example: If you use the computer 75% for business and it cost you $2,000, you can write off $1,500 (75% of $2,000).
Normally, the cost of a computer must be depreciated over five years, but it is eligible for the
Tip: You may be able to claim business write-offs for a computer even if you don’t qualify for home-office deductions (i.e., your principal place of business is elsewhere).