If you’ve been taking depreciation every year, he’s fully depreciated by now. So neither deduction nor business loss. See section 1250 of the U.S. Internal Revenue Code.
He could always sell him for a huge profit as a collectible item or an antique – but then he’d have to declare a capital gain. (I’m assuming the sale price would be higher than his original cost.)
Alabama Al over 2 years ago
That’s the problem with being a nice guy, Oldbot. I doubt Dr. Mel would be dithering if the asset in question was Killbot.
Fritzsch over 2 years ago
If you’ve been taking depreciation every year, he’s fully depreciated by now. So neither deduction nor business loss. See section 1250 of the U.S. Internal Revenue Code.
Say What Now‽ Premium Member over 2 years ago
There could be some precious metals in Oldbot.
Doug K over 2 years ago
And/Or … “Give him an upgrade.” or “Use him for spare parts.”
Ermine Notyours over 2 years ago
Time for Oldbot to turn Killbot.
Imagine over 2 years ago
You can use him as a deduction every year. As a business loss, you con only use him one.
YippiKiAyMofo over 2 years ago
Creator’s little tax deduction.
geese28 over 2 years ago
He leaks oil probably. Should be worth something
Csaw Backnforth over 2 years ago
He could always sell him for a huge profit as a collectible item or an antique – but then he’d have to declare a capital gain. (I’m assuming the sale price would be higher than his original cost.)
blakerl over 2 years ago
Auction him on eBay! Those Guys will by anything.
The Orange Mailman over 2 years ago
We need a Punnett square to factor in scrap or flea market.
gantech over 2 years ago
Now, that is just plain cold.
carlzr over 2 years ago
What does it mean that a mad scientists is doing his taxes before I am?
David Huie Green LoveJoyAndPeace over 2 years ago
Melt him down. upload his brain into a new robot or at least a Chromebook. Even that would be an upgrade.
(so says this satisfied ancient Chromebook user)
Bilan over 2 years ago
It’s a good thing Pam doesn’t think like that.
anomalous4 over 2 years ago
Deduction? I would imagine he’s fully depreciated by now. Watch out, Oldbot…
rwoods_rio over 2 years ago
Too late Doctor Mel, anything you do now will affect next years taxes…but if you need extra cash to pay this years taxes Oldbot maybe recycler bound