Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Has anyone thought about deducting those huge 5k+ plasma TVs as depreciating "monitors" for one's home computer system (used partially for work)? Any thoughts on the legality of this?

You want to take a deduction, or you want to claim depreciation?

To take the deduction for the expense of purchasing the TV, your plasma monitor must be used exclusively in a home office that qualifies under the exclusive use test. If the office (including plasma display) is used occasionally for personal purposes, no deduction can be taken; the exclusive use test is not satisfied.

There are two exceptions: if you are storing the display (e.g. inventory), or if you run a day care in the room where the display is used, home business deductions may be allowable.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.