2. misc-audio
  3. 160362-1601

Audio tax write-off

Hello,

I have a company that produces documentaries and podcasts on personal and commercial histories. I have needed to acquire computer equipment to do my work, and I've borrowed some equipment from my 2-channel system, such as headphones, as well. My question is, do any of you write off home audio audio acquisitions for your business? Do you know the tax rules on this? Does it have to be branded  as "pro" gear to qualify? Thinking I need a better DAC and studio monitors. If I bought a component called "Schiit," would the tax auditor go "nnnnnnnnnnoooooo?" 

Thanks for your input.

Paul


paulburnett

Showing 1 response by denverfred

denverfred's avatar
denverfred
252 posts
 
As a former show horse owner, I can tell you to be careful about the division between your business and your hobby. If you want to write off your audio equipment for business use, that’s OK as long as you show a profit using that audio gear in 2 of every 7 years.
At least that’s the way it used to be.
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