Business & farm

When filing as a TTS, as per instructions I put my expenses on shed. c and my net gain on form 6781. When I came to the section on taking home office expenses it would not let me proceed or take the expenses as the system only saw a loss on shed C.

 

Turbo Tax rep and then a CPA that they put me in-touch with were unable to find a solution. However, when I opened up form 8829, I found the answer.

On form 8829, expenses for business use of your home, go to line 8 and enter in the net gain after the loss from shed C. That then shows the system that you indeed have a gain on the business not just the loss as shown on shed. C. 

I hope this helps those of you that are going to run into this problem.

 

E