Entering depreciable assets for Form 8829 in ProConnect Tax
by Intuit•4• Updated 1 month ago
It's important that depreciable assets be set up correctly, so the amounts flow to Form 8829, Business Use of Home.
- Go to Input Return ⮕ Deductions ⮕ Depreciation.
- Enter the asset's basic information in the Quick Entry grid:
- Description of Property
- Form (select 10 = Business Use of Home)
- Category
- Date placed in service
- Cost or basis
- Method
- Select the Details button to view more input fields and complete any applicable information about the asset.