From: Scott Morris (swm@emanon.com)
Date: Sat Feb 03 2007 - 02:38:19 ART
You can take Section179 deductions for full price of equipment. I believe
the limit on this is now $15,000 this year. However, I think you'll need to
fill out a schedule C as well (business). It's been a while, so I'd still
stick with the safe answer of asking an accountant!
Scott Morris, CCIE4 (R&S/ISP-Dial/Security/Service Provider) #4713, JNCIE
#153, CISSP, et al.
CCSI/JNCI-M/JNCI-J
IPexpert VP - Curriculum Development
IPexpert Sr. Technical Instructor
smorris@ipexpert.com
http://www.ipexpert.com
-----Original Message-----
From: nobody@groupstudy.com [mailto:nobody@groupstudy.com] On Behalf Of Brad
Ellis
Sent: Saturday, February 03, 2007 12:34 AM
To: Tandou Mohamed; Mark N; ccielab@groupstudy.com
Subject: Re: ccie lab for tax deduction
The hardware/equipment should be depreciated, while any training manuals,
books, or classes may be deductable.
thanks,
Brad Ellis
CCIE#5796 (R&S / Security)
CCSI#30482
Network Learning Inc - A Cisco Sponsored Organization (SO) YES! We take
Cisco Learning credits!
mailto:brad@ccbootcamp.com
http://www.ccbootcamp.com (Cisco Training and Rental Racks)
http://www.ccbootcamp.com/groupstudy.html (groupstudy member discounts!)
Voice: 702-968-5100
FAX: 702-446-8012
----- Original Message -----
From: "Tandou Mohamed" <dtandou@yahoo.com>
To: "Mark N" <mneely_23@yahoo.com>; <ccielab@groupstudy.com>
Sent: Friday, February 02, 2007 6:40 PM
Subject: Re: ccie lab for tax deduction
It is educational so as far as i know it is tax deductible.
Mohamed
Mark N <mneely_23@yahoo.com> wrote:
I plan on claiming my lab equipment and workbooks on my taxes for
2006.($8,000) Has anyone had any problems with this?
Thanks,
Mark
Mobile - 803.210.6413
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