19.11 Cell Phones, Calculators, Copiers and Fax Machines

The listed property requirements applied to computers (19.9) do not apply to cell phones, calculators, copiers and fax machines. This means that the restrictive convenience of the employer and job condition rules do not apply. However, to depreciate (subject to the 2% AGI floor) the cost of such equipment, you should be ready to prove that you need the equipment for your job, and keep a record of the time it is used for business. To claim first-year expensing (42.3), rather than regular depreciation, you must use the equipment more than 50% of the time for business.