Home office - replaced whole roof - how to properly deduct?

[pcm2a]

I have a home office and have replaced the roof to the entire house. It affects the entire house and not just the home office. I am trying to figure out how to report this in turbotax (mac client, not website). It says not to report it in the home office section, to list it as a depreciating asset. What's unclear is how to tell it to only deduct the "office" portion.  See step #4.

Step 1: In the Home Office expenses section. Quoting from turbotax "More extensive work, such as remodeling or adding a new roof, should be added in the assets section as a home improvement and depreciated". So we know it is not this section.

Step 2: Describe this asset, choices:

1. Computers...

2. Tools, machinery, equipment, furniture

3. Realestate property

4. Intangables, other propery.

I'm going to guess #2 here?

Step 3: Tell us a little more:

1. Office furniture, fixtures, appliances

2. General purpose tools

3. Construction machinery

4. Trailers

Going to guess #1 here?

Step 4: Have you used this item 100% for this business

1. Yes

2. No. If no: Percentage of time used in this business.

I'm not sure what to pick here. I could pick no and put in a percentage based on the size of my office, 9% of the home.

[DianeC958 · Accepted solution]

You set up the roof as an asset of the business.

Since you already know that the home office is 9% of the overall house then take that amount of the cost of the roof for the depreciation.

Step 2: Describe this asset, choices:

1. Computers...

2. Tools, machinery, equipment, furniture

3. Real estate property

4. Intangibles, other property.

You should pick #3 Real Estate Property

When you get to the question about if it is used 100% for business the answer is yes.

More information about Home Office Deduction

[pcm2a]

Thanks a ton for the response, it's helps so much. I didn't click into real estate to see all those extra options. That is exactly the right place.