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
Level 3
posted Jan 24, 2025 2:00:38 PM

Possible Reference Error in Turbo Tax Home and Business 2024

Can someone please check this.

I'm in Business Tab - Business Income and Expenses

Enter expenses not deducted in a prior year - Look at last years form.

Operating Expenses Not Allowed Last Year (line 43)

Excess Casualty Losses.....(line 44)

 

When I look back at my 1040 from 2023 - CPA did on different software (still believe its form 8829 because all other questions are similar) - I see those questions on line 41 and 42. There are not any lines 43 and 44.

 

Unless I am looking back at a different form, that reference text for the line numbers is wrong.

 

There are lines 43 and 44 for 2024

 

Thanks

0 1 4038
1 Best answer
Expert Alumni
Jan 26, 2025 8:55:23 AM

Per IRS 2023 Form 8829, Expenses for Business Use of Your Home, Part IV for the Carryover of Unallowed Expenses has not changed for 2024. Lines 43 and 44 remain the same. It's possible the copy included in your prior year return was not the actual form but a related worksheet.

1 Replies
Expert Alumni
Jan 26, 2025 8:55:23 AM

Per IRS 2023 Form 8829, Expenses for Business Use of Your Home, Part IV for the Carryover of Unallowed Expenses has not changed for 2024. Lines 43 and 44 remain the same. It's possible the copy included in your prior year return was not the actual form but a related worksheet.