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New furnace home office

installed a new furnace in my home.  I also have a home office, where should I enter the cost of the new furnace in my business summary?
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DS30
New Member

New furnace home office

You can take an extra depreciation deduction for any capital improvements that affect your entire home using the same percentage as your home office deduction.

You would add an asset under the home office asset summary section under the home office expense under business expenses. (see screenshots).

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4 Replies
DS30
New Member

New furnace home office

You can take an extra depreciation deduction for any capital improvements that affect your entire home using the same percentage as your home office deduction.

You would add an asset under the home office asset summary section under the home office expense under business expenses. (see screenshots).

New furnace home office

TurboTax DeeS,  this was helpful to a point.  When you try to add an asset from your set second screenshot none of the options provided meets the type of asset (new central HVAC) being added

New furnace home office

@don You added a comment to a two year old thread, where it is unlikely to be seen by the the orginal person who responded to the original question.  If you have a question about your home office, start your own new question in a new thread.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

New furnace home office

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