Question

Where do i deduct my computer in turbo tax for small business

Forum|Forum|4 years ago
April 2, 2022
1 reply
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TurboTax Self Employed Online

If you are using your computer for your Schedule C business, enter it in the Assets section of your business expenses.

It will either be depreciated over time, or you may qualify to deduct the full cost in a single year. TurboTax will ask questions and give you your options for deducting the expense of purchasing your computer.

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D

dbarnes2

Where is the asset section for business assets. There is nothing that says business assets

T

TomK2023

You'll first have to enter your Sch C income, and then any expenses. As you continue through the interview screens, you'll eventually come to a screen that asks about assets. See image below.