Home office no longer being used

[annbossojohnson]

Hi-

I have a client who used a section of his home as a home office.  The prior preparer set the office up to depreciate.  The client, after 2 years, has closed the business.  I believe I need to recapture the prior depreciation that was expensed, but how would I "dispose" of the home office in the depreciation section without creating a gain or loss.  The home was not sold, he is just not doing business out of his home any longer.

Thank you in advance for any help-

Ann

[TaxGuyBill]

Until the home is sold, there is no tax.

[annbossojohnson]

Thank you- I read up on this after I posted my question and you just confirmed what I read-

Thank you again!