Meduvs
Meduvs t1_jbt98wt wrote
Reply to comment by VTCEngineers in Dell’s Latitude 7330 convinced me that business laptops are too expensive by dapperlemon
No it doesn’t. Depreciating means you spread out the expense over multiple years. For example instead of the expense being 1000 in year one, you will have 200 for 5 years. Total tax saved still 200 over this time period
Meduvs t1_jbtahsq wrote
Reply to comment by VTCEngineers in Dell’s Latitude 7330 convinced me that business laptops are too expensive by dapperlemon
It’s still the same, ofcourse if you need them it helps you lower your taxes. But if you are buying them just to write off the tax then you are spending more than you’re saving. As said, when you spend 1000 to save 200 on taxes you’re just losing 800. Unless as I said you need them, but that was not the point made.