The Saving Advice Forums - A classic personal finance community.

Anyone here have an LLC? Tax deduction question

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Anyone here have an LLC? Tax deduction question

    I've read a few articles online about deducting business expenses and I'm interested in my laptop.

    I bought a Macbook Pro $1800 this year, and it's a fairly even split of 50% business, 50% personal.

    So I can choose to deduct a full $900 this year? Or I can depreciated it over a few yeasr? How does this work?

  • #2
    you'll want to talk to a tax advisor to be certain.

    not an LLC, I have an S-Corp, and go thru a lot of computers/laptops. About 1-2 a year, and we're able to deduct them straight line for 1 year (not ammortize over 2-3 years), but I use a CPA and a Tax attorney. Your situation may be different.

    Comment

    Working...
    X