Enter home office information
- Depending on the type of activity, go to the Business, Farm, Rental, K1 1065, 1120S, or 1040 Adjustments folder.
- Select the Asset tab.
- From the Asset List window, selectAddto enter a new asset (home, land, or improvement) or selectModifyto modify an existing asset.
- Complete theDescription,Date Placed in Service,Cost basis, and other depreciation-related fields on the Depreciation tab.
- Select the Home Office tab.
- From theType of Home Office assetfield, select the home office asset type.
- Complete theTotal Area of the HomeandArea Used Exclusively for Businessfields. This data is essential to the correct calculation and completion of Form 8829 and the Office in Home worksheets.
- Complete any applicable fields in the Allowable Deductions group box on the Home Office tab.
