Deductions & credits

Hi Ally, sorry I did not reply until today.  

 

What you are saying about the saving the file, closing TT and then reopening to make what if's makes sense.  I have always been able to play with the numbers on all the other forms without doing this and not lose anything so was shocked when I totally lost the office after clicking "continue" and not being able to click "back" and get it back.  I know what the rep said about saving the depreciation schedule, but I did not realize it would be gone in that way.  I had lost my electricity so an immediate close of TT and my computer and so when I reopened TT it said there was a problem and they looked for a return to open.  It found the one I saved which was before I made the entry to delete the office.  I opened that and thought my office was back but no it wasn't so it much not have saved prior to my changes.  

 

So this is the first time I have had this happen trying "what if" scenario's.  Last year I was going through my assets and realized that I could get rid of old assets that I stopped using (basically they no longer worked and need replacement) and had replaced.  Never knew what to do so I did that and ended up with a Form 4797.  I was looking for something similar in the case of removing the office but nothing at all which was so confusing.  It just disappears.  

 

Now when I try to go through the step by step under the home office it just has my home address in the name and so that is where I can enter a new name and have to start all over again entering all the data.  I won't do it this year but may next year if I have income. 

 

I had been using my office from 2003, so I have all my tax returns on my computer and I went back to all of them and documented the total depreciation taken.  I have it all documented now and it does add up to what the depreciation was in my 2021 return under prior depreciation then add what was taken in 2021 and I have the amount forwarded to 2022 what should have been prior depreciation.  

 

There should be some Warning in the Step by Step that whatever is done is Final before hitting Continue.  This is one area you cannot go back and re-answer a different way.  

 

Note to TT if you are looking at this.