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Can I use the simplified method for two 8829 forms (I have two spaces in my house for self employed work)? Federal reivew flags this and asks to check this entry.
Schedule C (Fitness Instructor) -- Form 8829 (my office): Elect Simple ***** CY should not be elected for more than one copy of Form 8829 for each business.
Options to slect are:
No entry
Elect Simple ***** CY, Yes
Elect Simple Meth, CY, No
I have only one business but two spaces that I use in my home.
Options to slect are:
No entry
Elect Simple ***** CY, Yes
Elect Simple Meth, CY, No
I have only one business but two spaces that I use in my home.
Topics:
March 17, 2021
6:08 PM