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Get your taxes done using TurboTax
As of April 11, 2025, the Turbotax program is still having the same problem calculating home office expense. ihave positive net Schedule C income of $8784, which is actually reflected accurately on Line 5 of my Form 8829. However, on the underlying Smart Worksheet for Form 8829, on Line A of the Simplified Method Smart Worksheet, it shows a negative "gross income limitation" number, or business loss, of -29,084, which is actually the total amount of business expenses claimed against positive gross business income of $37,458. In other words, the TurboTax program is picking up Line 28 total expenses as the business loss, instead the correct Line 29 $8,374 profit. Please fix!
‎April 11, 2025
1:08 PM