Thanks a lot for your great answer!
However, I am confused about the carryover part. Using example B in first post, there would be $ 200 unused; this would be the amount to carry forward.
1) Would this $ 200 be filed on form 8829 in the same year that the carryover was ‘created’, i.e. 2019 ? Or would you use form 8829 for 2020 ?
2) When looking over form 8829 it seems like line 25 is where the $ 200 would go but the rest of the Figure Your Allowable Deduction section is the ‘detailed method’; which is not what I want to use. I suppose that zeros or blanks could be used for all these ‘detailed’ lines; but that might not be allowed. There is no place on 8829 to use the simplified method?
3) The instructions for schedule C have a worksheet and instructions for the simplified method, ( carryovers and form 8829 are referenced ), but, again, it is not clear how or where any carryover amount would be entered. On schedule C if I said there was 100 square feet used as an office but entered $ 700, $ 200 from a carryover and $ 500 for the current year, then that would likely kick out an error.
Am I crazy or it does seem like the simplified method, amounts to carry over, and the detailed method are not meant to easily co-exist ?? If they are, why not have one form where the detailed method is on the front and the simplified method is on the back.
Thanks again.
Regards.
