I’m trying to claim a home office expense, and at first I took the standard deduction and it showed me that I had a deduction of roughly $1300. Then I thought I would try entering my actual expenses. When I began to do that I noticed that it showed my PO Box mailing address as my “home office”, which of course is silly, so I created a different one under a different name and deleted that one. Now, it is telling me that I’m not eligible for the home office deduction because I don’t have any net profit, but I do! Roughly $40,000. I can't understand the actual forms to see why it is not recognizing my net profit from the business. Any suggestions would be so welcome. I'm lost!
