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Home Office Expenses
I am self-employed, make Cleaning services (pounds of laundries, then ironed & folded them).
During 2022 I used my home for work (make partial laundries, then ironed & folded them).
I rented house from 01/01/2022 to 11/15/2022 and paid rent for this period, and utilities for the 12 months.
11/15/2022 I bought the same house and I have to account depreciation of house for the period 11/16/2022 – 12/31/2022 in TurboTax as part Home Office expenses
Net profit for my Cleaning services more than $ 40 000 , however Turbo Tax sent message, that my Home Office expenses are not eligible for deduction.
“The net profit for your Cleaning services work was zero or less, which means you can't claim any home office deductions. This means your 2022 home office carryover of $5632 will be carried over to 2023. These carryover expenses will continue to carry over each year until your net profit is greater than $0 and you choose the actual method to deduct your home office expenses.”
1)How to make my Home Office expenses eligible for deduction 2) How to introduce depreciation of house for the period 11/16/2022 – 12/31/2022 in TurboTax as part Home Office expenses simultaneously with rent for the period 01/01/2022 to 11/15/2022