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Can a laptop be written off your taxes if used for educational purposes?

For college use?

5 Answers

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  • skip
    Lv 6
    1 decade ago
    Favorite Answer

    If it is a requirement of the college program you are in and you buy the laptop from them it is an expense. It will appear on your 1098T at the end of the year if it is a valid deduction. You cannot take it separately.

  • Anonymous
    4 years ago

    on condition which you have a valid organization which is composed of a tax identity and organization license. just to assert you have a organization for the reason which you have a organization card won't artwork. it quite is not something you are able to take one hundred% of the fee from off one 3 hundred and sixty 5 days yet quite depreciated over quite a few years of utilization. An accountant/CPA (additionally a tax write off) might actually assist you with quite a few different tax write offs you're entitled to. for no less than your first 3 hundred and sixty 5 days of organization be optimistic to get a competant criminal professional and CPA. Their centers will finally end up helping you earn greater funds than their expenses.

  • 1 decade ago

    it depends on how you paid for it and where the money came from. if it came out of a 529 plan or a coverdell education acct. then it would be exempt. this is really a business expense write off but deducte it anyway and if you have any savings bonds cash in at least the price of the laptop. savings bonds are exempt for education expenses.

  • Anonymous
    1 decade ago

    No, only as a business expense.

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  • 1 decade ago

    NO.

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