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I bought computers for $6K how should I depreciate this?

 

Customer Question

I bought computers for $6K how should I depreciate this?

 

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State/Country relating to question: Wisconsin

Submitted: 418 days and 13 hours ago.
Category: Capital Gains and Losses
Value: $16
Status: CLOSED

Accepted Answer

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Expert:  levr replied418 days and 13 hours ago.


LEV :

Hi and welcome to Just Answer!
Computers are depreciated over the five years period.

levr :

You may, however, deduct the full cost in the year assets are placed in service using either section 179 or bonus depreciation.
See more information here - http://www.irs.gov/businesses/small/article/0,,id=213666,00.html

Expert TypeTax Advisor
Category: Capital Gains and Losses
Pos. Feedback: 100.0 %
Accepts: 18
Answered: 4/27/2012

Experience: Working for a large tax preparation service

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Expert:  levr replied418 days and 4 hours ago.

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