Is it possible to take a home office deduction without taking the depreciation part? If I have an exclusion when I sell the home for $500k gain, will I still have to add back the depreciation even if it was not deducted on my tax return?
Or can I figure the depreciation on a longer period of time to make it less?
you can't win by not taking depreciation because when you sell you have to claim 1250 recapture
the higher of allowed which would be zero because you didn't take any and allowable the amount you should have taken. You'll be paying taxes on a deduction you never took.
see this link about simplified method - no depreciation is taken
FAQs - Simplified method for home office deduction | Internal Revenue Service (irs.gov)
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