I have used Turbo Tax Online Self Employed for the past several years. Each year I have entered home office information. In 2021 I sold that home and now need to enter the depreciation claimed in previous years from the home office. I understand this value to be listed on Form 8829 line 42 however I cannot find a Form 8829 in my prior years returns. Did Turbo Tax create a Form 8829 for my home office with the online product version I used? If not, where do I find the prior year home office depreciation values?
You'll need to sign in or create an account to connect with an expert.
On your Schedule C for those years, look at Line 30 of Schedule C. Is there information filled out for the "Simplified Method"?
I have no Schedule C either. Why did Turbo Tax not prepare the 8829 or Schedule C?
Were you a farmer (Schedule F)?
If not, something is definitely wrong. Either you are looking at an incomplete printout of the tax return, or the prior tax returns were prepared incorrectly.
You may want to look at your Tax Transcript for each year to try to figure out if you are looking at the complete tax return filed. And if those things are missing, you may need go to a tax professional to look things over (bring your Tax Transcripts with you).
https://www.irs.gov/individuals/get-transcript
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
alira72
Level 2
maizenman
New Member
user17760428125
Returning Member
brookefozzard
New Member
football236
Level 2