How do I add my itemized deductions like my reciepts with Home Depot and Lowes for our home to better our home?
I have all my receipts from Home Depot and Lowes on things like our floors, walls, property etc. that Im trying to add but I don't see where I can add it.
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1 Replies
ThomasM125
Expert Alumni
Mar 10, 2022 4:52:37 PM
Repairs and improvements to your home are not deductible on your tax return unless you rent the home out to someone else. You can keep receipts for major improvements as they can be added to the cost of your house to reduce a potential taxable gain if you sell it one day.