Comment on Nvidia DGX Spark: great hardware, early days for the ecosystemparentComments−lukeh10moAlso, you can only deduct it in a single financial year if you are eligible for the Instant asset write-off program.I'm sure I'll get downvoted for this, but this common misunderstanding about tax deductions does remind me of a certain Seinfeld episode :)Kramer: It's just a write off for themJerry: How is it a write off?Kramer: They just write it offJerry: Write it off what?Kramer: Jerry all these big companies they write off everythingJerry: You don't even know what a write off isKramer: Do you?Jerry: No. I don'tKramer: But they do and they are the ones writing it off−killingtime7410moCorrect. You can deduct over multiple years, so you do get the same amount back.
Comments
Also, you can only deduct it in a single financial year if you are eligible for the Instant asset write-off program.
I'm sure I'll get downvoted for this, but this common misunderstanding about tax deductions does remind me of a certain Seinfeld episode :)
Kramer: It's just a write off for them
Jerry: How is it a write off?
Kramer: They just write it off
Jerry: Write it off what?
Kramer: Jerry all these big companies they write off everything
Jerry: You don't even know what a write off is
Kramer: Do you?
Jerry: No. I don't
Kramer: But they do and they are the ones writing it off
Correct. You can deduct over multiple years, so you do get the same amount back.