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Room addition

I am self employed and work from home.  I added a room addition. Can I deduct the expense of the room addition? If so where do i enter it 

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1 Reply
Vanessa A
Employee Tax Expert

Room addition

What was this room addition for?  Is it your new home office? Is it used regularly and exclusively for your business?  Is it used solely for storage for your business?

 

If this was your new home office or totally related to your business, then yes, you can add it as an asset and depreciate it.

 

If this was not related to your business, then no, you cannot deduct it as any type of expense. 

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