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How much cost do I enter for improvement? (Home business)
I have a home office and we did home improvements this year (new wiring and new windows).
When I enter in the improvements in the home office section, do I put the total cost or the % of the home that is my business?
Also I do two businesses out of the home office so do I split it even further?
For example, the wiring cost $4000. My home office is 10% of the home (sq ft). I do two businesses out of this home office.
Do I put $4000 under each home office business? $4000 under one and leave it off the other? $400 under each? $200 under each (splitting the 10% into two?)
I called and they helped me find where, but had no idea how and said to "put numbers in and see what happens"???
‎February 1, 2021
11:01 AM