Used to be for any piece of gear, but I think tax code now is only over a $3000 purchase can be put onto Schedule C depreciation schedule and line itemed with what the piece of kit is. This is where you can spread the write off out over a few years. Under this $$ amount it's basically grouped into "supplies". Well this is my recollection from my CPA anyway. On my depreciation schedule my S1H and EVA1 are listed, however a GH6 @ $2500 won't be (nor are my $2k each Zeiss Milvus lenses). They are all grouped under "other expenses" as "production equipment" for the specified year with no further detail. (Of course I keep a spreadsheet on my end with all the details if asked to show the breakdown of what these expenses are).
Point being, no, I believe for a "cheap" purchase like GH6 it has to be in the same calendar year?
Point being, no, I believe for a "cheap" purchase like GH6 it has to be in the same calendar year?
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