Depreciation

[ABCDEFG]

I just bought a blender. It was $399. However, after t/s%, it is under 100. Should I put it on schedule C or depreciate it?

[TomCopeland]

Blender

I just bought a blender. It was $399. However, after t/s%, it is under 100. Should I put it on schedule C or depreciate it?

Depreciate it. Use the $100 rule based on what it cost, not what the time-space % amount is. If it's a new blender, use the 50% bonus depreciation rule.

[ABCDEFG]

Thank you!