Home Office Information dialog

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For 1040 clients, use the Home Office Information window to enter information for a home or improvements.
This dialog opens when you select Office in home from the Method/Life Wizard while entering an asset for a 1040 client.

Fields and buttons

Type of home office asset
Select the home office asset type from the dropdown list.
  • If you select
    Home
    , the fields in the Business use of a home group box are available.
  • If you select
    Improvements
    , the field in the Improvements group box is available.

Improvements

Business use percentage
Use this to enter the business use percentage for calculating current depreciation.
note
This is available only if you select Improvements from
Type of home office asset
.

Business use of home

Total area of home (square footage)
Enter the total area of the home (in square feet).
note
This is available only if you select Home from
Type of home office asset
.
Area used exclusively for business
Enter the total area of the home used exclusively for business purposes (in square feet).
note
This is available only if you select Home from
Type of home office asset
.

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