Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 4:04:08 PM

Can I deduct the rental cost of my art studio that I use exclusively for my business, and where do I enter it?

0 1 1190
1 Replies
Level 15
Jun 4, 2019 4:04:10 PM

Go to Business tab- then Continue
Business Income and Expenses - Click the Start or Update button

Then click EDIT by the business name and the next screen should be a list of  topics,
Business Profile, Income, Inventory/Cost of Goods Sold, Expenses, Assets, and Final Details last.

Under Business Expenses, Click Start or Update by Other common business expenses.  You should see the list of expenses and amounts you entered.
Then click the start or update button by the expense you want to add or edit.
Rental Expenses is the 11th item under Expenses - Click the Start or Update button