topic If I run multiple businesses from my home office do I just deduct it once for any of the businesses? in Deductions & credits

If I run multiple businesses from my home office do I just deduct it once for any of the businesses?

jaimee-dunning — Sat, 01 Jun 2019 18:07:07 GMT

how do i enter multiple bussiness

espirituandino — Sat, 01 Jun 2019 18:07:09 GMT

how do i enter multiple bussiness

No, you can enter a Home Office for each business, assumi...

MichelleT — Sat, 01 Jun 2019 18:07:10 GMT

No, you can enter a Home Office for each business, assuming the other qualifications are met.

The only caveat is that if you use the same office for multiple businesses, you can't deduct the office expenses multiple times; you have to split them between the businesses.

For more information:

https://ttlc.intuit.com/replies/4773265