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Sch C form 8829 Home business 20 years, own home, depreciate office. Line 5 has changed - Type of Asset. Previous years choice: N or M. 2020 23 options. None say Home
I need help choosing what asset type to choose from the new list in 2020. There are 23 options where there used to be 2. None of them are for a home office. I think it could be "H-Land Improvement" , "I-Residential Rental Real Estate" or "J5-Qualified Improvements".
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‎October 12, 2021
11:59 AM