“Does the Premium include home office deduction and depreciation of assets?”

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• Hello Granny - Thank you for your interest in H&R Block. The Premium + Business product would be the one for you. It provides solutions to maximize your tax benefits for vehicle deductions, depreciation and business expenses.

  Answered by H&R Block 6 years ago

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• The software does include Home Office deduction and Depreciation of assets. However, the new tax law allows you to deduct more items in full when placed in service. You may find you don't need to depreciate as many items. If you used different software in prior years, you can also enter the item this year with the correct service date and asset life (such as 7-MACR) and the software will correctly calculate prior year and current year depreciation.

  Answered by PatriciaG 6 years ago

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