Deductions & credits


@Anonymous wrote:

Does it change anything if it's a mobile studio (e.g., tents, props, backgrounds, lights) or rented studio space (different rooms throughout the year)?


Yes, but in no situation at all would it be depreciated over 27.5 years.

 

As for the fact you said you now submitted it, that messes thing up even more.   You REALLY should have gone to a good tax professional to fix things. 

 

And for how to enter it, in your situation there should NOT be a need to enter it as an "other" asset.  There are correct categories that fit your situation.