Skip to main content
June 1, 2019
Question

Why is this asking me an asset name and cost of my home office. I do want to depreciate my home or home office?

  • June 1, 2019
  • 1 reply
  • 0 views
What did I accidentally answer wrong that turbo tax is thinking i want to depreciate my home office?

1 reply

Employee
June 1, 2019

If you have a home office, the IRS requires you to take depreciation. You will have to recapture it upon the sale of the home.