Deductions & credits

@micheleaey  I've been following your posts because I also need to stop using a home office in 2022 and have the joy of figuring out the sale of the home in 2023 and recapturing depreciation. Just a tip that I have found useful when trying various things to see if they work. Once you are at a point in your return where nearly everything is entered correctly (except the item in question), save the file and then exit out of TT. Then what I do is open the file again and do some "what if" scenarios where I can enter numbers and answer questions to see what happens. I don't have to worry about messing everything up because once I figure out what needs to be done, I exit TT, but DON'T SAVE the file this time. Then you can reopen it where you had left off when everything was correct and then finish doing what you just experimented before finally saving it.

 

I'm having an issue with my home office called Bottineau Studio from past years. When I transfer the return from last year, I checked and it is there but then when I go to the personal info screen for the overall tax return to change the address (my brother moved thus a new address entered), I find that my Bottineau Studio home office is no longer there and is replaced by a name with their new address. None of the square footage is there nor the assets. And that office wasn't even at their primary home but a second home so why would it replace the name with the new address? From what I read in the answers to your questions, I'm not going to worry about it because I didn't use the home office in 2022, nothing is being reported on it in the forms view and I have the depreciation info from last year's return. But I completely agree that this home office entry is quite a nightmare. I wish TT would have better step-by-step instructions for our situations!