R-studio

R-Studio, a software used for statistical computing and graphics, is deductible as a business expense if it is used for business purposes. For example, a data analyst or a freelance statistician can deduct the cost of R-Studio if it is essential for their work. However, if the software is used for personal purposes, it is not deductible. If the software is used for both personal and business purposes, only the business-use portion is deductible. It's important to distinguish between one-time purchases and subscription services, as the latter may be deducted as a regular business expense while the former may need to be capitalized and depreciated over time.