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Level 2
posted Jun 4, 2019 4:00:06 PM

I sold a home in 2018, i had a home office in 2011 and 2012 and filed form 8829 for those years. TT asks me to input the depreciation amount. Is that line 41 of 8829?

I am stuck on this question...I owned my home from 2007 to 2018. In 2011 and 2012 i used a small potion of it for an on the side job and claimed Expenses for Business use (form 8829). Now that I sold the home i have to enter the total amount of depreciation i deducted after May 6 but i don't know which number exactly i should put,  Is that number the one on line 41 of form 8829 from 2011 and 2012?

thank you

0 2 706
1 Best answer
Intuit Alumni
Jun 4, 2019 4:00:08 PM

Yes, line 41 on 2011 and 2012 Form 8829 is the line with the allowable depreciation.  You can also check line 43 to see if all the depreciation was utilized or if some was a carryover to the following year.

2 Replies
Intuit Alumni
Jun 4, 2019 4:00:08 PM

Yes, line 41 on 2011 and 2012 Form 8829 is the line with the allowable depreciation.  You can also check line 43 to see if all the depreciation was utilized or if some was a carryover to the following year.

Level 1
Jun 4, 2019 4:00:09 PM

Hi Karen,  If depreciation was carried over, do you not have to enter the amount of depreciation that was not utilized at the time of sale? Thank you.