turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can I deduct the cost of a new roof on my detached garage?

Owens Corning Roofing

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Can I deduct the cost of a new roof on my detached garage?

If you are referring to your personal residence, home improvements such as your new roof would not be deductible unless they are qualified energy efficient

If you make improvements which increase your home’s market value and/or extend its useful life, you can add to the cost basis of your home, which may reduce the capital gain when you sell your property.

In addition, you may be able to deduct the sales tax paid for building materials for a major improvement to the home if you itemize deductions and choose the sales tax deduction over state income taxes paid.

See Home Improvements And Your Taxes


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies