I have been taking the itemized home office deduction with depreciation in prior years. I'd like to take the same deductions this year for the same office. All data / amounts are entered just as in 2023, but Turbotax Premier 2024 calculates zero for depreciation. Why is depreciation not auto-calculated as in prior years?
You'll need to sign in or create an account to connect with an expert.
Clearly you understand the process. Did you double check that standard deduction based on square footage was not accidentally checked?
I don't see any known issues. If there is an issue, you need to contact support.
Many thanks @AmyC . Standard deduction is not checked - I verified again. I will call the number, alas when I previously tried, I got a tax expert, who could not help me with what is clearly a software issue ...
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mbin
New Member
hgomez23
New Member
TLLau
Returning Member
RAYJDEM
Level 1
Raph
Community Manager
in Events