Jjs041975
New Member

How to deduct new air conditioning install

Hi. I have a home office that is 10% of my house. I recently installed new air conditioning (there was no previous air conditioning) meant to cool the entire home. The total cost was about $8000, and now I am confused as to whether I should depreciate this or consider it as part of the "Safe Harbor Election for Small Tax Payers". Does anyone know the appropriate way to handle this?