Employee Home Office Asset Entry Worksheet - I filled in for home office but line 11 "Depreciation Deduction" comes up -0-. Why?
I filled in amounts, % business use, and it seems like there should be a depreciation deduction. But amount comes to -0-.
03788
3 Replies
CatinaT1
Employee Tax Expert
May 3, 2021 6:15:50 AM
The depreciation for your house is all calculated on your 8829 form for business use of home.
Luke58
Returning Member
May 3, 2021 3:07:46 PM
Thanks. However a form 8829 was not one of the forms in the completed tax return. Is it because an office in the home is not allowable for a w-2 employee for federal purposes.
Critter-3
Level 15
May 3, 2021 3:10:38 PM
Bingo ... the program lets you enter in the information in case your state still allows the deduction.