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cliftonan
New Member

Form 8829 Line 8

I'm working on my 2024 return.  The Form 8829 Line 8 is picking up Schedule C Line 28 instead of Line 29.  Form 8829 Line 8 is actually showing a negative number, presumably because it's a sum total of all the expenses instead of being the income number.  Line 29 on Schedule C is a positive number around $30k and the home office is used 100% for the business.  Because of this it's showing that we have to carryover the operating expenses and depreciation to 2025, which is incorrect.  

This appears to be a software glitch.  Can someone help?

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1 Reply
rjs
Level 15
Level 15

Form 8829 Line 8

Form 8829 line 8 does not come directly from Schedule C line 29. Certain amounts have to be added or subtracted. See the instructions for line 8 on page 2 of the IRS Instructions for Form 8829.

 

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