Yes, you can claim the 26% nonrefundable credit on your 2022 personal tax returns.
No, you cannot capitalize an improvement to your personal home as a business asset.
You can, however, switch to the Actual Expense method for your Business Use of Home deduction and count the actual usage cost of the electrical power for your office and the EV and other general maintenance costs for your home.
See Publication 587 for more information on allowable costs for the Actual Expense calculation method of the deduction.
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