Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 24, 2024 8:57:35 PM

Can I claim my new laptop as a business expense? I bought it so I could run my remote virtual assisting business

I need this computer to do any kind of freelancing work. Is this considered a business expense?

0 1 4560
1 Replies
Moderator
Apr 25, 2024 9:49:08 AM

If it's a cheap laptop you can claim it as an expense, but if it's $500, you should claim it in the CCA section (Class 50).