Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!linus!genrad!decvax!harpo!floyd!vax135!ariel!houti!hogpc!houxm!ihnp4!stolaf!umn-cs!smith From: smith@umn-cs.UUCP Newsgroups: net.taxes Subject: Re: home computer write-off - (nf) Message-ID: <274@umn-cs.UUCP> Date: Sun, 5-Jun-83 21:21:31 EDT Article-I.D.: umn-cs.274 Posted: Sun Jun 5 21:21:31 1983 Date-Received: Tue, 7-Jun-83 22:25:44 EDT Lines: 15 #R:floyd:-141000:umn-cs:10500007:000:675 umn-cs!smith Apr 13 10:56:00 1983 If you're a professional (i.e. engineering type) and you in fact use your home machine for working, then you can probably deduct the depreciation as an employee business expense on form 2106. This year the depreciation form has a spot for writing off the whole amount instead of depreciating it, if it's under $5000. I deducted my machine about two years ago and I haven't heard any complaints. I documented it on the return as "calculating equipment used for professional purposes" since it is known that the IRS considers expensive pocket calculators to be valid 'professional tools'. Note that this doesn't do you much good if you don't itemize deductions. Rick.