I am a contractor and I built a shop to store materials and work on my equipment. Where would I enter this information to depreciate cost?

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I am a contractor and I built a shop to store materials and work on my equipment. Where would I enter this information to depreciate cost?

In the Sch C area towards the beginning there is the Asset/Depreciation section that is on the pages at the beginning titled,

Your "ABC" Business

You will see:

Business Profile

Import Business

Business Income

Inventory/COGS

Business Expenses

Business Assets --this is where the entire cost of that storage work building goes.

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I am a contractor and I built a shop to store materials and work on my equipment. Where would I enter this information to depreciate cost?

In the Sch C area towards the beginning there is the Asset/Depreciation section that is on the pages at the beginning titled,

Your "ABC" Business

You will see:

Business Profile

Import Business

Business Income

Inventory/COGS

Business Expenses

Business Assets --this is where the entire cost of that storage work building goes.

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