I am using TT premier desktop edition.
I have a side business with about 100k income. I received a 1099-MISC (about 100k) and a 1099-NEC (about 1k). I have always been able to deduct my home office in the past with HR block.
I initially made the mistake of creating 2 businesses out of these two 1099s. I realized the mistake and deleted one. So I had a combined biz income of about $101k. I entered various deductions (car, phone, office supplies etc) which were accepted by TT. However, when I tried to deduct my home office, TT says I can't deduct my home office because of my net biz income was zero or less. However, this is clearly not true.
I went to forms. Schedule C, line 29 shows a profit over 90k. Line 30 showed zero home office deduction.
I then went to form 8829. Under "simplified method smart worksheet" line A, gross income limitation was -$8973.
I am not sure where TT got the negative $8973 from. I assume it was from my initial mistake of entering 2 businesses and it used my 1k 1099-NEC as my income. I can't change this negative $8973 on form 8829.
Any tips?
