So I completed everything. I started over again with the tutorial assistance and this time it did pop up with the Asset of the Home. So odd. So it is asks:
Did you stop using this asset in 2022
Tell us if you stopped using tis item FOR BUSINESS PURPOSES in 2022 (These words I have capitalized are actually in Bold print)
Select YES if the item was:
-Sold
-Stolen
-Destroyed
-Converted to personal use
-Given away
-Taken out of service for any other reason
So this now is part of the Disposition area. When I say YES
It asks for the Date of Sale or Disposition. If I put a date as 1/1/2022 and my date Acquired is in 2000 (not putting more info here) then I click continue.
It is still giving me $14 of depreciation. Why?
So I back out of everything again. Back to Michele's Office and Edit
Lets get some info about Michele's home office
Does Michele Use part of this home Exclusively for this business or does it meet one of these exceptions. I put YES here because when I put NO it wont let me go any further in, it just says "Although Michele didnt qualify for it this year, Michele may be able to in 2023:
Doing it this way the Program continues to accumulate depreciation which is why I want to just shut it down for the year. I may make money next this year and want it again but so far I am not doing much yet this year. So that is why I don't want carry forwards if I then have no income this year, I don't want the IRS suspicious. Easier to just not use it.
So I hit continue and it takes me back to list of topics under the Business Tab. I cannot get to the Asset Home. So I now go back in again. First question to get by is Does Michele Have a Home Office. I have to put YES here to go forward. Then I have to answer YES to those 2 beginning questions are using the Office Exclusively and on a REGULAR BASIS just to go forward. Then Do any of these apply: This Office is Michele's PRINCIPAL PLACE of Business. When when I am working yes that is true. But not for last year, but have to check it off. If I put None of these I go back to the statement saying, Although Michele didn't qualify for it this year, Michele may be able to in 2023 and then I get nothing, and still accumulate more depreciation. So I have to say YES here just to move forward.
Aggravating so far.
Now, GOOD NEWS! MICHELE QUALIFIES for the home office deduction. Now we go through all the expenses of my home. I will pass through these after answering some more questions
Did I live in the same home all 12 months of 2022 - YES
Did I use this home office FOR ONLY THIS BUSINESS, an no other businesses? YES
DID I SHARE THIS HOME OFFICE....... NO
Then next screen check off: Michele OWNS THE HOME used for this home office
Screen of When did Michele start using this home office? Enter the actual date - FIRST DAY USED FOR BUSINESS.
Very ODD the date was there before and now is empty so I have to put it back in. Why? what happened
Going through now it is like I am starting the whole home office over again,
I put in a disposition date when I said I found it above to see what happens, but then I used the back button. Now if I wanted to change my mind of the office I don't see I have one, and am starting over. But I don't see the Dispostion under "VIEW" in the forms.
WHAT is going on?
