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Deducting the cost of a personal computer.
From:
Healthcare Financial Management
| Date:
September 1, 1994| Author:
Kistner, William G.
| COPYRIGHT 1994 Healthcare Financial Management Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Individuals using personal computers for work that generates income can qualify for a tax deduction by reporting the cost of the computer. There are two major categories which can be used to deduct the cost of personal computers. One is deduction for investment and income tax use while the other is deduction for business purpose use. In both deduction categories, detailed records of costs and usage are required.
If an individual uses a personal computer for work that generates income...
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