Write off watch on taxes?

Discussion in 'Apple Watch' started by tl01, Feb 7, 2018.

  1. tl01 macrumors 68020

    Joined:
    Jun 20, 2010
    #1
    Has anyone written off their watch as a business expense? For example, I own a company and have to answer all phone calls that come in even when we are closed and the watch means I am less likely to miss the calls that come in.

    No flames....just curious.
     
  2. jav6454 macrumors P6

    jav6454

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    #2
    You won't be able to... unless you can claim it's business critical and even then... they'll just say it falls under accesories category.
     
  3. Relentless Power, Feb 7, 2018
    Last edited: Feb 7, 2018

    Relentless Power macrumors Penryn

    Relentless Power

    Joined:
    Jul 12, 2016
    #3
    I don't believe so. In a sense, wouldn't you have to prove that the Apple Watch served as a 'work purpose' or have some sort type of documentation supporting that? I personally think an Apple Watch would be a little bit more difficult to write off, unless perhaps you specifically work in the medical field using the device for some sort of type of testing and analyzing, which I'm guessing you do not.
     
  4. Newtons Apple macrumors Core

    Newtons Apple

    Joined:
    Mar 12, 2014
    Location:
    Jacksonville, Florida
    #4
    My company pays for all of our iPhones but have not charged the AW to the company. You might get by with it but for the cost, it is not worth it to me.
     
  5. tl01 thread starter macrumors 68020

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    Jun 20, 2010
    #5
    I actually googled it after I posted... not sure why I didn't before, and the consensus is that you can write it off along with phone, headset etc.....especially if you are the owner of a business. Like I said, I am required to answer all our after hours calls, and my Apple Watch helps make sure I don't miss those calls.... so it is fairly important. Can it be done without, sure... but that doesn't seem to the be the test.
     
  6. 1rottenapple macrumors 68020

    Joined:
    Apr 21, 2004
    #6
    Ok I use my phone for work purposes? Like looking up medication prescription names, etc. can I write it off? Lol
     
  7. Vermifuge, Feb 7, 2018
    Last edited: Feb 8, 2018

    Vermifuge macrumors 68000

    Vermifuge

    Joined:
    Mar 7, 2009
    #7
    I write off all my phones, accessories, and services including the Apple Watch. However I am a business owner and I can prove it is business critical as my profession is a Quality Assurance Engineer that focuses on web development and mobile application testing.
     
  8. Relentless Power, Feb 8, 2018
    Last edited: Feb 8, 2018

    Relentless Power macrumors Penryn

    Relentless Power

    Joined:
    Jul 12, 2016
    #8
    You Don't need to justify your reasoning to me, I simply posted based on you likely wouldn't be able to unless the provisions are met based off variable work conditions or how you file, which if the IRS has an issue with, they will reject what they are questioning.

    I have written off purchases that were government related in the past, but I had to have documentation showing otherwise what they were being used for 'Business critical'. But that's just my experience.
     
  9. ftaok macrumors 603

    ftaok

    Joined:
    Jan 23, 2002
    Location:
    East Coast
    #9
    I'm no tax expert (so maybe I should just shut up), but as a business owner, shouldn't you just have the business buy you the Apple Watch and have the business write it off on the business tax return?

    If you're doing it as an individual, I think "unreimbursed business expenses" don't kick in until you pass 2.5% of your AGI. Unless you have lots of UBE's, it would probably be better to have the business take the deduction.

    Or I could be full of crap on this one ... :shrug:
     
  10. jav6454 macrumors P6

    jav6454

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    #10
    This makes sense that the government would accept the write off.
     
  11. tl01 thread starter macrumors 68020

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    Jun 20, 2010
    #11
    I plan to do it under my business tax return.
     
  12. bobbyclobber49 macrumors newbie

    bobbyclobber49

    Joined:
    Sep 22, 2010
    #12
    I am a small business owner. It purchases all my IT equipment as it is all used in some degree for business work. This includes my AW. It improves my ability to monitor my emails, etc, improving my response times and competitiveness. I see this as being no different than any other bit of office equipment such as my chair.
     
  13. cardfan macrumors 68000

    Joined:
    Mar 23, 2012
    #13
    I'm a CPA. Write it off and don't worry about it. I got an apple watch day one for that specific purpose..not to miss calls or texts. The more important thing, as someone alluded to, is to keep business separate from personal. Use your business CC or checking to make the purchases.
     
  14. mikecwest macrumors 6502a

    mikecwest

    Joined:
    Jul 7, 2013
    #14
    Yeah, you can go without it, but a mechanic can just a pair of pliers instead of buying a set of crescent wrenches as well. I am sure the mechanic chooses the crescent wrenches. There are options on your personal tax return to write off equipment used for your job. I did it with my MacBook Pro seven years ago, and plan to do it with my next MacBook Pro ( once this one is dead.) I normally have to get a new camcorder every other year as well. I don’t think claiming your Apple Watch will be an issue, unless you are one of thos people that claim the maximum of everything without needing a receipt ( like phantom charity donations.)
     
  15. kohlson macrumors 68000

    Joined:
    Apr 23, 2010
    #15
    Just my 2c - you can write off anything you want. Whether the IRS accepts it or not is another matter. Tax preparation professionals provide guidance here, but their advice can vary widely. I've always followed the advice my my CPA, because he - not me - will sit down with the IRS if there are any questions. Also, you didn't mention if this is a Hermes Edition, or a refurb 38mm Sport Watch.
     
  16. BigMcGuire Contributor

    BigMcGuire

    Joined:
    Jan 10, 2012
    Location:
    California
    #16
    People writing stuff off has always been a hot topic from what I could tell. I've seen someone say to a certified CPA's face that he was wrong and he could write X Y Z off and proceeded to do so and has for years. Though I imagine if they got audited they'd be singing a different tune.

    That said, this watch has definitely helped me receive calls that I would otherwise miss because I leave my phone on silent all the time.
     

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15 February 7, 2018