Question

I am not being prompted for the depreciation expense of my home office. Where can i enter this information?

Forum|Forum|1 year ago
April 3, 2025
1 reply
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All other information was correctly requested, including square footage, except for depreciation or cost basis.

If you use the Simplified Method, the deduction is based on square footage times $5.00.

Cost basis is not needed nor used.

The advantage of using the simplified method is that deprecation recapture is not required when the house is sold.

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fangelo55Author

Hi, it’s not that as I am not using the simplified method. Strangely it has asked me for all other home expenses that should go on form 8829 except for the depreciation inputs. I have even tried logging in and out, and repeating that section, but still no prompt. -Is there a system issue?