@AnnetteB6 I don't think that is the case.
Sch C
Line 28 Total Expenses = $14,655
Line 29 Tentative Profit or (loss) $46,345
Form 8829
Part I
1. Area used regularly = 300
2. Total area of home = 2,456
Simplified Method Smart Worksheet (with NO % in Line 8 Calculation Smart Worksheet
A Gross Income limitation = ($14,655)
It turns out you're not getting the home office deduction
That's because the net profit for your business was zero or less, which means you can't get the home office deduction.
Fed Review gives no error.
Simplified Method Smart Worksheet (with 12.21% in Line 8 Calculation Smart Worksheet)
A Gross Income limitation = ($7,207) Not even sure where this negative number came from
Why is Line 8 Calculation Smart Worksheet - A Gross Income limitation - negative? Without a percent in Line 8 Calculation Smart Worksheet, it is pulling Sch C line 28 which is Total Expenses instead of Line 29 Tentative profit or (loss) $46,345
