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Level 2
July 8, 2020
Question

Where do I enter additional office-in-home and Schedule C depreciation that was calculated for Form 3115?

  • July 8, 2020
  • 1 reply
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1 reply

George4Tacks
Level 15
July 9, 2020

Screen 22 = Depreciation

Screen 29 = OIH

Answers are easy. Questions are hard!
PAL taxAuthor
Level 2
July 9, 2020

that is a bit vague. In screen 29 is it an override?

In screen 22 there are over 100 assets,and the net change is attributed to many of them. I do not see a general place to enter the total adjustment.

Level 15
July 9, 2020

Catching up on depreciation by using Form 3115 is listed as a "§481(a) Adjustment" as an "other" expense.  The "other" expense is on Line 22 of Form 8829 or Line 48 of Schedule C.