So I bought a new 27" 1440p monitor last month. I use it for work (email, spreadsheets, some design stuff) but also game on it most evenings. Can I deduct the full cost as a business expense, or do I need to split it? I'm a sole prop if that matters.
Tax Deductions
Can I deduct a monitor that I also use for gaming?
You can only deduct the business-usee percentage. Track your hours for a month and prorate it.
LedgerQueen is right, but honestly for a monitor it's often not worth the hassle. Unless it's a $1000+ monitor, the prorated deduction is small. How much did you pay
It was about $350. So maybe $200-ish deduction if I claim 60% business use?
60% business use on a gaming monitor? Good luck defending that if you get audited. The IRS isn't stpid.
I just deduct the whole thing and never had an issue. But I'm a risk-taker. 😂
ZephyrSky that's terrible advice. 'Never had an issue' just means you haven't been caught yet.
For $350, the prorated deduction at 60% is $210. The extra tax savings vs. just deducting 100% is maybe $70. Not worth the audit risk IMO.
Fair point. Maybe I'll just claim 50% and keep a log for a couple weeks.
Wait, you can deduct monitors? I thought only computers and software.
Wanderlust88 any equipment used for business can be deducted. Monitors, keyboards, mice, even a desk. The question is business use percentage.
Also if you use it for gaming, the business use percentage should reflect that. 50% is probably still generous if you game daily
Just document your work hours for two weeks. If you work 40 hours and game 20, that's 66% business. But be honest.
At the end of the day, it's your call. But keep a log. The burden of proof is on you.
Thanks all. I'll track it for a month and see where I land. Appreciate the reality check.