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Thread: Can I claim a depreciation deduction for Computer paid by Credit Cards at 12/31/06?

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#1 (permalink)

01-25-2007, 08:19 PM

kapriati

Junior Member

Join Date: Jan 2007

Posts: 3

Can I claim a depreciation deduction for Computer paid by Credit Cards at 12/31/06?

I went to Best Buy on December 31, 2006 and bought a computer, printer and some other computer peripherals. But, I paid by credit card..

I really need to write off this deduction this year, but, I claimed on my schedule C of my personal tax return that I was a Cash basis tax payer. Can I still write off this purchase??