Deductions & credits

@ThomasM125 @PattiF I do not see form 8829.  I see a couple of pages called “Deduction for Business Use of Your Home”.  

 

part 1 is part of your home used for business as square feet of office divided by square feet of total house and then gives a percentage.

part 2 is figure your allowable deduction 

part 3 is depreciation of your home

Last page, Business Use of Home Worksheet, is deduction of business use of your home Line 19 Other Expenses - Schedule E

 

It appears that line 34 = allowable expenses for business use of your home.

Do I enter this number as the carry forward losses?

Do these numbers need to be carried forward?

 

There is also a General Information cover page.  This lists Carryovers to 2022. The value of X is all the same for the four areas.  This number X is different from line 34 above.  I’m probably mixing different carryover losses from different sections.

 

Federal Carryovers

Unallowed Passive Losses = X

AMT Unallowed Passive Losses = X

 

State Carryovers

Unallowed Passive Losses = X

AMT Unallowed Passive Losses = X