Instructions For Form 8829 - Expenses For Business Use Of Your Home - 2017 Page 4
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4Line 40
IF additions and improvements
THEN figure the depreciation
were placed in service...
allowed on these expenditures by
multiplying the business part of
IF you first used your home for
THEN enter the following
their cost or other basis by...
business in the following month in
percentage on line 40...
2017...
during 2017 (but after you began
the percentage in the line 40
using your home for business),
instructions for the month placed in
January
2.461%
service.
February
2.247%
after May 12, 1993, and before 2017
2.564%.*
March
2.033%
(except as noted below),
April
1.819%
after May 12, 1993, and before 1994,
the percentage given in
and you either started construction or
Pub. 946.
May
1.605%
had a binding contract to buy or build
June
1.391%
that home before May 13, 1993,
July
1.177%
after May 12, 1993, and you stopped
the percentage given in Pub. 946 as
using your home for business before
adjusted by the instructions under
August
0.963%
the end of the year,
Sale or Other Disposition Before the
September
0.749%
Recovery Period Ends in that
publication.
October
0.535%
after 1986 and before May 13, 1993,
the percentage given in
November
0.321%
Pub. 946.
December
0.107%
before 1987,
the percentage given in
Pub. 534.
*Exception. If the business part of your home was Indian reservation property
that met the requirements of section 168(j) when placed in service, see Pub.
946 to figure the depreciation.
IF you first used your home for
THEN the percentage to enter on
business...
line 40 is...
after May 12, 1993, and before 2017
2.564%.*
Attach a statement showing your computation and include the
(except as noted below),
amount you figured in the total for line 41. Enter “See attached”
below the entry space.
after May 12, 1993, and before 1994,
the percentage given in
and you either started construction or
Pub. 946.
Complete and attach Form 4562, Depreciation and
had a binding contract to buy or build
Amortization, only if:
that home before May 13, 1993,
You first used your home for business in 2017, or
after May 12, 1993, and you stopped
the percentage given in
You are depreciating additions and improvements placed in
using your home for business before
Pub. 946 as adjusted by the
service in 2017.
the end of the year,
instructions under Sale or Other
If you first used your home for business in 2017, enter the
Disposition Before the Recovery
amounts from Form 8829, lines 39 and 41, in columns (c) and
Period Ends in that publication.
(g) of line 19i, Form 4562. In column (b) of line 19i, enter the
after 1986 and before May 13, 1993,
the percentage given in
month and year you first used your home for business. Do not
Pub. 946.
include the amount from Form 8829, line 41, on Schedule C,
before 1987,
the percentage given in
line 13.
Pub. 534, Depreciating Property
If you are depreciating additions and improvements placed in
Placed in Service Before 1987.
service in 2017, enter in column (b) of line 19i on Form 4562 the
*Exception. If the business part of your home was Indian reservation property
month and year the additions or improvements were placed in
that met the requirements of section 168(j) when placed in service, see Pub.
service. Enter the business basis of the additions or
946 to figure the depreciation.
improvements in column (c) and the depreciation allowable on
the additions or improvements in column (g). Do not include the
amount entered in column (g) on Schedule C, line 13.
Part IV
Simplified method used for 2016. If you used the simplified
method for 2016, use the preceding table to find the percentage
If your expenses are greater than the current year's limit, you can
to enter.
carry over the excess to 2018. The carryover will be subject to
the deduction limit for that year, whether or not you live in the
Example. You first used your home for business in 2016 and
same home during that year.
used the simplified method for that year. For 2017, you want to
use Form 8829 instead. Enter 2.564%.
Line 42
Line 41
Figure the amount of operating expenses you can carry over to
2018 by subtracting line 26 from line 25. If the result is zero or
If no additions and improvements were placed in service after
less, you have no amount to carry over.
you began using your home for business, multiply line 39 by the
percentage on line 40. Enter the result on lines 41 and 29.
Line 43
Figure the amount of excess casualty losses and depreciation
you can carry over to 2018 by subtracting line 32 from line 31. If
the result is zero or less, you have no amount to carry over.
For Paperwork Reduction Act Notice, see the Instructions for
Form 1040.
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