AnnetteB6
Expert Alumni

Deductions & credits

All of the things you mentioned in the 'smaller repairs' list would be considered to be repairs.  These are all deducted in the year they were done.  They are not depreciated.

 

For the amount that was paid to install the 50 amp outlet, you could add that to the cost basis of the new range since it was required to be able to install it.

 

@clsrules13 

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