home office depreciation not showing on 8829

[janetk]

The home is entered on depreciation but it is showing the deduction is 0. Why will it not deduct depreciation? The business has a loss but it still should show on depreciation schedule and 8829 right?

[Terry53029]

If your client is not allowed home office (a loss) why would you file the 8829, or show any expenses. It will carry over to next year, if you did not take the simplified method

[sjrcpa]

Wouldn't you file it so you can show the carryover to next year?

[Terry53029]

@sjrcpa I agree with you, and I misspoke in the above answer

[itonewbie]

How are you reporting the income and expenses?  On Sch C?  If so, did you link the asset to the activity?

[itonewbie · Accepted solution]

In short, did you link the asset(s) to F.8829?  If so, it will compute the depreciation, flow it to F.8829, and show the unallowed expenses that would be carried over to 2024.

[janetk]

That fixed it! I didn't have it linked to the 8829. Thanks!

[itonewbie]

NP, @janetk.  If the response solved your question, please consider marking it the solution to help others who may have similar questions in the future.  Cheers!

[Terry53029]

@itonewbie It let me mark your answer as solution. Didn't think it would 😁