Posts Tagged ‘computer writeoff’
Do You Get Money Back for a Tax Write Off?
July 10th, 2009Ok, I’ve been getting some mixed answers about tax write off so please help. Say, for example, that I run a business out of my office in my home and I need to purchase a computer. When I write this computer off as equipment needed to run my business:
- will the money be refunded back with taxes? or
- will the computer be non taxed if it exceeds my business income for that year?
Basically, with the computer and no income to the business it becomes a loss, so will it do me no good to write it off.
Posted in Tax Write Off Questions | 
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