turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

kj47
New Member

We are building a barn on a piece of land, no house yet. office space will be included in the structure. can i deduct a portion of the cost to building the barn?

where in the program to I put this cost?  business asset? home office? ??

Connect with an expert
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.

2 Replies

We are building a barn on a piece of land, no house yet. office space will be included in the structure. can i deduct a portion of the cost to building the barn?

Are you self-employed?
Anita01
New Member

We are building a barn on a piece of land, no house yet. office space will be included in the structure. can i deduct a portion of the cost to building the barn?

No, oyu cannot deduct it.  It would be capitalized as an asset once the business is open and running.  Costs that would normally be capitalized as assets cannot be start-up costs

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies