Write off cost of business building 2024? Where in turbotax?

[DawnC]

You can depreciate the building in the Assets section of your business's Schedule C.   Open or continue your return.

1. Navigate to the Schedule C section:
   • TurboTax Online/Mobile: Go to Schedule C.
   • TurboTax Desktop: Search for schedule c and select the Jump to link

Then click on Edit (or use the pencil icon) next to your business description.   Then, depending on your platform:

• In Desktop - scroll down to Business Assets to add building depreciation
• TurboTax Online - Click on Add Expenses, then scroll down below Less Common and put a check next to Assets, then click Continue.