Can a home business use the MACRS and Bonus depreciation for solar panel installation? If so, how is it entered in TurboTax Home and Business?
MACRS & Bonus Dep are not separate items ... you enter an asset in the program then the correct options for depreciation will be presented. For the home office the solar is added as an asset in the OIH section ... just like the home itself and the cost basis is reduced by any solar credit taken.
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