As the title would allude, I began a business in my home this past year and have owned the home for a decade prior. I did a search and found this post (https://ttlc.intuit.com/community/tax-credits-deductions/discussion/a-couple-questions-if-we-refinan...) that kinda answered my question in that I do include the prior capital improvements. Would I
- Include them in the initial screen "Cost of your entire home" even though the dates of those improvements are different than when I purchased the house, or
- Enter the house cost basis (less land) then add the improvements as additional assets categorized as improvements for the entire house? (screenshot is of this way in case I am not using my words correctly!)
Thanks!
