Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Do I have to depreciate software plugins that were purchased separately?

k9lover
Level 2

My client is an independent artist and has purchased 3 software plugins to enhance his current software. One helps to create special effects, another is used to render 3D models. I'm inclined to want to call this an office expense.

Thank you for your help

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Best Answer

Accepted Solutions
IRonMaN
Level 15

Expense


Slava Ukraini!

View solution in original post

9 Comments 9
IRonMaN
Level 15

Glade makes plugins and I would expense those as office expense because of their small dollar size.  What kind of costs does your client have invested in his plugins?


Slava Ukraini!
qbteachmt
Level 15

Are they paid annually? Software that gets renewed annually is a subscription.

*******************************
Don't yell at us; we're volunteers
k9lover
Level 2

Thanks for your response. My client is an artist and these plugins allow various additional functions to the software such as 3D effects. I am depreciating the software but the plugins were purchased later as add-ins.

0 Cheers
k9lover
Level 2

Thank you for your response, but I believe you misunderstood my question. I am referring to software plugins, not fragrance.

0 Cheers
IRonMaN
Level 15

But I think you misunderstood my question - how much did each of them cost?


Slava Ukraini!
k9lover
Level 2

They were $22 (special effects), $163 (renders 3D models) , and $219 (character development - he illustrates video games as part of his work)

They attach to other software used.

Thank  you so much for your input!

0 Cheers
IRonMaN
Level 15

Expense


Slava Ukraini!
k9lover
Level 2

Thank you so much!!

IRonMaN
Level 15

You betcha!


Slava Ukraini!
0 Cheers