justme[at]nowhere.com (Andrew) writes:

- quote -

What do you mean by "she pays no taxes"? Why doesn't she?
Does she lose money in her occupation?

- quote -

(1) It would be depreciation expense, not a deduction (though with
Section 179, the practical distinction is nil is many cases).
(2) She would only able to take depreciation for 95% of it,
and because it is a computer and hence listed property,
she'll have to cotemporaneously log her business use and
and non-business use hours.

- quote -

Yes, they do (though again, depreciation not deduction).

- quote -

Yes they can and should, because (1) the law says they can, (2) those
workers are often *not authorized* to use them for non-business use,
and (3) the machines aren't owned by the people using them

--
Rich Carreiro rlcarr[at]animato.arlington.ma.us

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

My wife is her own contractor as a transcriptionist. She
pays no taxes.

Her PC is failing and needs replaced. I assume she can take
a percentage of the deduction of the PC for business - she
uses about 5% of it to check her personal email and to
research things outside of business (research is usually
based on health issues with our child).

Would that be correct then - that she can still deduct a
percentage but not all of it?

The reason I ask is because don't corporations take 100%
deductions on the PC's to EE's? Should they since we all
know EE's use those corp PC's to check personal e-mail,
surf, and sometimes, play games? I understand the corp
can't really measure that behavior but just trying to
compare how they could take 100% deduction but the wife
would only be able to take 95% (or whatever %).

thanks

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >