Deductibles
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whitetiger818
Level 2

Deductibles

If I installed new windows and a new roof , but I did not claim this my income taxes, can I still omit it?  Or is the Standard Deduction of $24800, better .

3 Replies
DoninGA
Level 15

Deductibles

Improvements to a personal residence, not used as a rental or in a business, are not deductible on a tax return.  You can add the cost of the improvements to the basis of the home when it is sold.

whitetiger818
Level 2

Deductibles

This is my second home I own. Is claiming windows and roof for it is separate from the standard deduction 

DoninGA
Level 15

Deductibles


@whitetiger818 wrote:

This is my second home I own. Is claiming windows and roof for it is separate from the standard deduction 


The same for the second home if it is not being used as a rental or in a business.

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