Quote:
Originally Posted by L-Pink
Watch the cars, If you only have one you HAVE to keep track of mileage in order to compute business percentage. If you work from home what exactly are you using your car for business wise ... Also if you have an office driving to and from work is NOT a business expense.
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If you read higher up you will notice I said that same thing in regards to cars. He was asking about depreciation though this time and not car usage. I could of thrown in most high end depreciatable noun and just chose to use a car. However the same rules would apply to its usage. If you have 1 computer and it is used 30% of the time for personal use like watching movies and playing games and then 70% of the time for business, you could end up in the same situation as it is not solely for business use. Like trying to deduct your home phone as a business expense when that is the only phone you have.
An example would be my shredder. Instead of purchasing two of them since I work from home and use it for not only business documents but household documents as well I do not attempt to use it as a tax right off.