DianeW777
Expert Alumni

Business & farm

Yes, this is the home office section and the appropriate place to enter the main home cost as an asset for the year you began using it for the bake company and then the plumbing as an asset in 2023.  

 

If you have not used the home office depreciation in the past then you can add the plumbing to the original cost of the home as one asset.  When you enter the square feet percentage then TurboTax will do the math on the depreciation.

 

@JohnJacob 

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