$2500 Rule

[Teach54]

I'm working on my 1st year as a provider taxes!!! Using Tom's books I think I'm doing ok. My question I did some remodeling < $2500 on my exclusive use room. I don't know where- which form to take this deduction. Thanks for any help.

[TomCopeland]

remodeling

I'm working on my 1st year as a provider taxes!!! Using Tom's books I think I'm doing ok. My question I did some remodeling < $2500 on my exclusive use room. I don't know where- which form to take this deduction. Thanks for any help.

Deduct on line 27a on Schedule C. Be sure to attach a statement saying you are electing this rule.

[Teach54]

Thanks so much Tom, I know I couldn't have figured all of this out without you and your books. A gold-mine of info.