ThomasM125
Expert Alumni

Business & farm

Your depreciation deduction for your home office would be combined with your other allowable home office deductions and show up on line 30 of your schedule C "Expenses for use of your home." The allowable depreciation would appear on line 42 of form 8826. 

 

It is true that you would have to enter the depreciation allowable on your home office when calculating the taxable gain on the sale of your home, even if you did not deduct the depreciation.

 

 

 

 

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