Adding an asset/home improvement

[ideaguy]

I have a home office and am attempting to add an asset for the whole house - an "improvement." On the page that's titled, "Tell us about this home improvement," under "Cost:" it asks for "The cost of your entire home, the cost of your improvement." Why does it sound like it's asking for two separate things - there's only one field for a dollar amount."

[Carl]

What exactly is the property improvement?

I'm not sure where you are in the program. I would expect you to be entering the asset in the SCH C section of the program in the sub-section called "Business Assets".  The questions as "you" word them don't appear that way in the SCH C/Business Assets section of the program.

But if you are in the SCH C section:

On the initial "Describe this Assets" screen, which of the four options did you select?

Then on the "Tell us a little more about your business asset" screen, what did you select?

[ideaguy]

Thank you for your response. The words I quoted are exactly what appears on the screen. (I could post a screenshot if that’s helpful.) I am in the home business section and adding a depreciable asset/improvement  (a bathroom remodel) that applies to the whole home  

[AmeliesUncle]

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@ideaguy wrote:

  (a bathroom remodel) that applies to the whole home  

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Is this a daycare?  If not, the bathroom is not eligible for your Home Office depreciation.  Only space used regularly and exclusively for business would count.

In answer to your question, I suspect that wording is just a generic statement used for both the house itself and for improvements, meaning whichever one you are current entering.  So *IF* the improvement is eligible (such as for a daycare), only enter the improvement cost.

[ideaguy]

Ok, thank you.