There are a few reasons you would not see a change after entering the home office deduction:
- You made too little along with your other self-employed deductions, so the home office deduction did not make a change on your numbers.
- Your regular income is already reduced to $0 after your standard deduction or itemized deductions. The home office deduction will not change your SE Taxes, so if these are the only taxes you owe, the home office deduction would not have an affect.
No, you cannot carry over the home office deduction. You can only take the deduction in the year of use.
Taking Business Expense Deductions
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
