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Deductions & credits
As was mentioned in earlier posts, the Simplified Home Office calculation is operating correctly in every diagnostic file that has been examined. Every problem has been due to a missing piece of information that was not entered into the input screens. Until an issue can be confirmed, there will be no report submitted to the developers because so far there is nothing to fix.
As you go through the Home Office section of your Schedule C, you should several questions, first to qualify that you can claim a home office, then the details about the home office, and then the actual expenses related to the home office. It is the details about the home office that is probably causing the issue with your return. Look for the following questions, each on a separate input screen:
- When did you start using this home office?
- Do you use space in this home to store inventory or product samples?
- How big is this home office?
- Business conducted in home office
- How did you enter home office expenses for 2023?
The question on the page titled Business conducted in home office is the key to the simplified office expense calculation. If you have not entered a value on that page, or if you do not see that page as you go through the Home Office section, then you will not be able to use the simplified method because your business will not show a profit even if there is one.
Please revisit the Home Office section of your return and look for the Business conducted in home office page. If this page simply does not come up for you, but all of the others shown above did, please respond with which version of TurboTax you are using (online, desktop, Mac and Deluxe, Premier, Home and Business) so that we may investigate this further.
@Grubster An examination of your diagnostic file showed the problem discussed above. There was no entry on the Business conducted in home office page.
@danielghenke
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