☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Not applicable
posted Jun 1, 2019 1:05:51 PM

How do I calculate the "Depreciation Expense" portion, that is required by my state of PA, for a home office?

0 1 834
1 Best answer
Level 9
Jun 1, 2019 1:05:53 PM

It is part of the federal tax process, where you describe the home office for the first time - the essential information required is the square footage of the office, square footage of the entire home, cost basis for the home, split into a structure value and land value.  The depreciation for the home office is derived from that information.

1 Replies
Level 9
Jun 1, 2019 1:05:53 PM

It is part of the federal tax process, where you describe the home office for the first time - the essential information required is the square footage of the office, square footage of the entire home, cost basis for the home, split into a structure value and land value.  The depreciation for the home office is derived from that information.