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I wonder if the tax implications are more complex since the employee can presumably keep that equipment after clocking out (or quitting)
by mxcrossb 6y ago
I wonder if the tax implications are more complex since the employee can presumably keep that equipment after clocking out (or quitting)
- jedberg 6y agoTechnically any time you use work equipment for personal use you’re either supposed to pay rent or they have to put it on your w2. Including every time you take your work laptop home and check your personal email on it. But the IRS right now doesn’t enforce those small amounts. They only care when you use the corporate jet for personal travel. But when you leave, if they let you keep the stuff, they either have to include the depreciated value as income on your last check or you have to pay them for it. When I left my first job they let me keep my computer and phone and I paid them $60 for it, which was the legal depreciated value.