Post
Topic
Board Legal
Crypto Hardware. Do I need to depreciate it on taxes? Or can I claim full amt?
by
beastykato
on 29/01/2018, 19:51:17 UTC
The title pretty much speaks for itself.  I am in the U.S. and I'm trying to get my taxes set up to file.

I do not know whether all the hardware I've bought ~$5000 is available to claim as a full amount or if I am forced to use deprecation.  

I've talked to 3 different CPA's on Turbotax and they all give me different answers.  One said that I must depreciate computer hardware and one other said he sees no reason that I can't take the full value.

I don't understand why this question is so difficult for them to answer.  It should be either a yes or no I would assume?