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Not applicable
posted Jun 4, 2019 11:07:34 PM

I moved, so I had 2 home offices. How do I answer, percentage of business conducted at?

I spent 100% at both locations, but can't go over 100%.  The sqft is different at both locations.  I also rented at one and purchased a home for the second locations.

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1 Best answer
Intuit Alumni
Jun 4, 2019 11:07:36 PM

Determine the percentage of the tax year 2016 that you were in each location.

For instance, if you moved April 1, 2016, it would be 3 months at your first place and the split would be 25% / 75%.

4 Replies
Intuit Alumni
Jun 4, 2019 11:07:36 PM

Determine the percentage of the tax year 2016 that you were in each location.

For instance, if you moved April 1, 2016, it would be 3 months at your first place and the split would be 25% / 75%.

Not applicable
Jun 4, 2019 11:07:38 PM

so do I combine expenses for both places?  one is home, so I can deduct mortgage interest, property tax, repairs and have to do depreciation. the other is a rental.  Doesn't seem right that I would be deducting only 25% or 75% of the  mortage interest, tax, etc.

Intuit Alumni
Jun 4, 2019 11:07:39 PM

Whatever you don't deduct as the business expense is deductible on your Schedule A on the personal side of your tax return.

Level 3
Jul 15, 2020 2:12:53 PM

Doesn't seem right that I would be deducting only 25% or 75% of the  mortage interest, tax, etc.

 

Agree. TurboTax is calculating the Home Office deduction incorrectly when you simply move from one home office to another and don't use them both at the same time. See https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-warning-turbotax-2019-incorrectly-calculates-the-home-office-deduction-when-you-move/01/1689249#M161434 for details.