Home office miscalculation

kc311 — Mon, 09 Mar 2026 10:38:47 GMT

I found an error in my calculation on form 8829. When I use the Simplified Method Smart Worksheet, the factor in Line E had shown only $750, versus $75,000. At $750, I owe about $23,000 more in taxes after paying & $17,560 in quarterlies. When I re-did the calculation at $75,000, it erases my taxes due and gives me a refund of about $2,800. I just want to make sure my calculation is correct before filing, as this would be a huge mistake. Any advice out there?

Thanks.

Re: Home office miscalculation

ZoltanB45 — Mon, 18 Apr 2022 01:06:42 GMT

First of all, $75000 home office is an exorbitant amount. If it is true then it would make a huge difference in your tax liability. A $26000 swing is reasonable with that type of expense.

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Home office miscalculation

Re: Home office miscalculation