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Old 11-18-2003, 12:20 PM
guerino.d
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Equipment Tax Write Off For Student


i am a resident of vermont, but go to school and work in massachusetts.

i am a student at northeastern university in boston, ma and have a question on a tax write off on equipment i need to do work with outside of the office for work.

-i am a student, and do not claim myself on income taxes since my parents still receive considerable benefits in taxes from me.

-i am an intern (temp employee)

-work consists of camera shoots and non-linear editing (video editing)

-to be more effecient and to better myself at my jobs i need to have an editing system of my own

-i have talked to others at my job that have bought computers and have written them off for the same reason I am looking to purchase this for a write off

-other employees have written a %, off 70-80 depending on how much they intend to use it for personal reasons to avoid audits

-since i am not a premanent employee and switch internships every 6-12 months, but do the same kind of work at these companies how am I eligible to write this off

-i know there is tax law that states a write off to be deducted over a 5 year period, but that is for items over $25,000

-the system i am looking to put together will be well under $6,000

-since i am still a student, and cannot write items off under education because i do not claim myself, how am i to go at this?
  #2  
Old 11-18-2003, 12:37 PM
hexeliebe
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You can't, but your parents could foot the bill then deduct the expense Under educational expenses since they can prove a need based on your internship.

Have them contact their tax attorney.
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