- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
No, not on Schedule E.
Home office may only be reported on Schedule C or Schedule F.
According to the IRS:
"Self-Employed Persons
If you use your home in your trade or business and file Schedule C (Form 1040 or 1040-SR), report the entire deduction for business use of your home on line 30 of Schedule C (Form 1040 or 1040-SR). Whether you need to complete and attach Form 8829 to your return depends on how you figure your deduction. See Line 30 in the Instructions for Schedule C for more information.
If you use your home in your farming business and file Schedule F (Form 1040 or 1040-SR), report your entire deduction for business use of the home on line 32 of Schedule F (Form 1040 or 1040-SR). Enter “Business Use of Home” on the dotted line beside the entry."
**Mark the post that answers your question by clicking on "Mark as Best Answer"