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Where to report capital improvements for windows and siding

BBS7
Level 1
Client has rental house and wants to report capital improvements.  what forms
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2 Comments 2
George4Tacks
Level 15

Use the depreciation screen. Be sure to link it to the rental.


Here's wishing you many Happy Returns
itonewbie
Level 15

As George says unless your client qualifies for and elects de minimis safe harbor, in which case, you will report that on Sch E and check the box under Other > Elections to print the statement.

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Still an AllStar
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