Can you write off can i write off chatgpt as a business expense?
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The cost of using ChatGPT is deductible as a business expense if it is ordinary and necessary for your trade or business. For instance, a freelance writer using ChatGPT to generate content ideas or a consultant using it for research can deduct the subscription cost. However, if ChatGPT is used for personal purposes, that portion of the cost is not deductible. It's crucial to differentiate between business and personal use, especially if the tool is used for both. If ChatGPT is used in a mixed-use scenario, only the business-use portion is deductible, which requires a reasonable allocation method, such as time spent or usage logs.