caddygreat
Returning Member

Deductions & credits

I am doing my taxes as an owner occupied duplex and  I would like to depreciate our  storage shed. we had to upgrade this year and did a lot maintenance like a new roof, etc.. I owned  the house since 2018. we use this shed for both my personal use but also to storage tools and equipment for the maintenance of the house. I know I can deduct half of it I believe. I am wondering how to do it. section 179, bonus depreciation ? can you point me to the direction on how to do this please? thank you