Home Office Equipment-Tax Write Off?

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Any other facts that need to be considered let me know.

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If you are using the computer for work, and it requires internet access, then you can deduct the business use portion of the internet access cost as an unreimbursed employee business expense on Form 2106 in addition to the costs of the computer and equipment.

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If you claim home office expense, do you have to claim that percentage as a gain when you decide to sell your house?

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Rather than answer your question, I'll direct you to someone else's answer. LINK

ETA: Claiming a deduction for internet access is not the same as claiming a home office expense deduction. It could be part of a home office expense deduction, but it can be claimed separately the same as cell phone use.

Do you have any other misc itemized deductions? That is the other think you need to consider.

These are added to other misc itemized deductions, and total are subject to 2 percent of AGI Limitation.

So, say your AGI is 100K, all of this stuff cost you $2,500, and you have $1,000 of other misc itemized deductions subject to 2 percent rule (tax prep fee, investment account fee, etc).

Your 2 percent limitation is $2,000. (2 percent of 100K).

Your total misc itemized items are $3,500.

You can deduct a total of $1,500 - between the business stuff, tax prep fees, and investment fees.

If you fall into this trap, you may want to consider regular tax depreciation instead of section 179 if you think you might be able to take it in later years.

Also, if you are subject to the net investment income tax, there are considerations as well if you have investment fees.