Yes. you can use the simplify method for home depreciation (see screenshot)
As an employee, the Home Office Deduction is a job-related expense
subject to the 2% AGI limitation and is only available as a deduction if you
itemize on your tax return.
To enter
your Home Office expenses as a job-related expense in TurboTax Online or
Desktop, please follow these steps:
- Once
you are in your tax return, click on the “Federal Taxes” tab
- Next click on “Deductions
& Credits”
- Next click on "jump to
full list" or “I’ll choose what I work on”
- Scroll down the screen until
to come to the section “Employment Expenses”
- Choose "show more",
then Job-related expenses and follow the onscreen instructions
- Say "yes" to
question "Did you have any of these expenses in 2015 for your W-2
income?" under the screen titled "Employment Expenses Related to
a W-2".
- A few screens in, you will
get to a screen titled "Home Office Expense", you can put for
home office information here
