I have a very simple fowl/poultry farm operation only in the 2nd year. I sell eggs and chicks that I hatched - no meat sales. I was still establishing my breeding stock, so I have a net loss when I take total income less total expenses for 2019. I did not include any business use of my home in my expenses, but I wanted to figure what that should be and add it to my return. I am shocked that TurboTax doesn't walk me through this- it's the reason I buy this software! I plan to use the simplied version, but I don't understand even these instructions, especially B and D below.
On page 26 of Pub 587 for 2018, these instructions are provided:
Line 1. If all gross income from your trade or business is
from this qualified business use of your home, figure your
gross income limitation as follows.
A. Enter the amount of gross income. If you file Schedule F
(Form 1040), this amount generally would be the amount
on line 9 of Schedule F ......................
B. Enter any gain derived from the business use of your
home and shown on Form 8949 (and included on
Schedule D) or Form 4797 ....................
C. Add lines A and B .........................
D. Business expenses not from business use of the home . .
E. Enter the total amount of any losses (as a positive
number) shown on Form 8949 (and included on
Schedule D) or Form 4797 that are allocable to the
business, but not allocable to the business use of the
home .................................
F. Add lines D and E .........................
G. Gross income limitation. Subtract line F from line C. Enter
the result here and on line 1 .
