Enter the value of land on Form 8829, line 37

To assign land to a home office and carry the land value to Form 8829, line 37, set up the land as a separate asset in the Asset tab.
  1. Go to the
    Asset
    tab for the appropriate activity (e.g. Schedule C, etc.).
  2. Select
    Add
    .
  3. Enter a
    Description
    ,
    Date in service
    , and
    Cost/Basis
    .
  4. On the
    Depreciation
    tab, select
    Land
    as the Method.
  5. Go to the
    Home Office
    tab and select
    Land
    from Type of home office asset.
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