Instructions For Form 8829 - Expenses For Business Use Of Your Home

If you first used your home for business in 2012, enter the

IF additions and improvements

THEN figure the depreciation

amounts from Form 8829, lines 39 and 41, in columns (c) and

were placed in service...

allowed on these expenditures by

(g) of line 19i, Form 4562. In column (b) of line 19i, enter the

multiplying the business part of

month and year you first used your home for business. Do not

their cost or other basis by...

include the amount from Form 8829, line 41, on Schedule C,

during 2012 (but after you began

the percentage in the line 40

line 13.

using your home for business),

instructions for the month placed in

If you are depreciating additions and improvements placed in

service.

service in 2012, enter in column (b) of line 19i on Form 4562 the

after May 12, 1993, and before 2012

2.564%.*

month and year the additions or improvements were placed in

(except as noted below),

service. Enter the business basis of the additions or

after May 12, 1993, and before 1994,

the percentage given in

improvements in column (c) and the depreciation allowable on

and you either started construction or

Pub. 946.

the additions or improvements in column (g). Do not include the

had a binding contract to buy or build

amount entered in column (g) on Schedule C, line 13.

that home before May 13, 1993,

after May 12, 1993, and you stopped

the percentage given in Pub. 946 as

Part IV

using your home for business before

adjusted by the instructions under

the end of the year,

Sale or Other Disposition Before the

If your expenses are greater than the current year's limit, you can

Recovery Period Ends in that

carry over the excess to 2013. The carryover will be subject to

publication.

the deduction limit for that year, whether or not you live in the

same home during that year.

after 1986 and before May 13, 1993,

the percentage given in

Pub. 946.

Line 42

before 1987,

the percentage given in

Pub. 534.

Figure the amount of operating expenses you can carry over to

2013 by subtracting line 26 from line 25. If the result is zero or

*Exception. If the business part of your home is qualified Indian reservation property

less, you have no amount to carry over.

(as defined in section 168(j)(4)), see Pub. 946 to figure the depreciation.

Line 43

Attach a schedule showing your computation and include the

amount you figured in the total for line 41. Enter “See attached”

Figure the amount of excess casualty losses and depreciation

below the entry space.

you can carry over to 2013 by subtracting line 32 from line 31. If

the result is zero or less, you have no amount to carry over.

Complete and attach Form 4562, Depreciation and

Amortization, only if:

For Paperwork Reduction Act Notice, see Form 1040

You first used your home for business in 2012, or

instructions.

You are depreciating additions and improvements placed in

service in 2012.

Instructions For Form 8829 - Expenses For Business Use Of Your Home - 2012 Page 4

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