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I just filed my mom's taxes using TurboTax online, and the return was accepted by the feds.
The problem is I just realized there's a major expense we should have claimed:
Specifically, we put a new roof on our home. A bit of Googling indicates a new roof is considered an improvement, as opposed to a repair.
And because it's an improvement, that means it qualifies for a tax deduction.
Unfortunately, when we log in and click "amend (change) return," there's no clear way to claim this deduction.
I click on the thing that brings us to a screen that says, "Your tax breaks," then we click "Your home," and it shows the following categories:
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if the property isn't rental this is no deduction or credit for a new roof. it does add to basis. in this case, there is nothing to amend.
if the property isn't rental this is no deduction or credit for a new roof. it does add to basis. in this case, there is nothing to amend.
Ah, thank you. I must have misunderstood something I'd seen during my Google searches on this topic.
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