Can I deduct can i write off chatgpt as a business expense?
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The cost of ChatGPT can be deducted as a business expense if it is used primarily for business purposes. This includes activities like generating content, conducting research, or automating customer interactions. The expense must be both 'ordinary' (common and accepted in your trade or business) and 'necessary' (helpful and appropriate for your business). If ChatGPT is used for both personal and business purposes, only the business-use portion is deductible. For example, if you use it 70% of the time for business, you can deduct 70% of the cost. Ensure that you document the business use to substantiate the deduction.