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Business assets
Hi, I have a small business. I use the home office deduction. In 2020 I built a workshop to use for my business (in addition to the home office). I understand that this is a capital asset. Hiwever, I can't seem to figure out which choice within business assets to choose. I am using TurboTax Hime and Business. None of the descriptions seem to fit. Real Estate improvements specifies intefior improvements (like electrical, etc) but there doesn't seem to be a choice for the entire building being built. Anyone know??
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March 29, 2021
6:51 AM