Skip to main content
April 17, 2025
Question

Write off cost of business building 2024? Where in turbotax?

  • April 17, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    DawnC
    Employee
    April 17, 2025

    You can depreciate the building in the Assets section of your business's Schedule C.   Open or continue your return.

     

    1. Navigate to the Schedule C section:
      • TurboTax Online/Mobile: Go to Schedule C.
      • TurboTax Desktop: Search for schedule c and select the Jump to link

    Then click on Edit (or use the pencil icon) next to your business description.   Then, depending on your platform:

     

    • In Desktop - scroll down to Business Assets to add building depreciation
    • TurboTax Online - Click on Add Expenses, then scroll down below Less Common and put a check next to Assets, then click Continue.  

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"