- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
As you are entering home office expenses, you will be asked some questions that do affect the expenses that are allowed to be claimed. Pay close attention to the question asking about the percentage of time spent conducting business in the home office. This question will place a limitation on the home office expenses based on the percentage that is entered and the self-employment income attributed to the office.
Also, if you happen to be claiming two home offices due to a move during the year, the allocating of expenses between the two offices can also affect the total expenses that can be claimed.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 24, 2024
6:04 AM