RED Epic-W and tax deductions

[paul Robinson]

Hey all, as I am sure a lot of you guys bought your camera for work this past year. how do you write it off for your taxes? all of it at once? part of it each year? thanks!

 

[Shawn P]

Hey Paul, I am sure this may vary depending on what country you are from.
But if you buy your camera outright you can write off for the year. With additional credits on the depreciation.
Speak to your accountant about the best way to approach this.

 

[Greg M]

you really need to consult your accountant...everyone will have different needs and will depreciate their assets differently depending on their situation.
What one person does is totally irrelevant to what is best for you.