topic Turbotax business and home version 2024. When I enter business expenses, the total shows as zero even though the expenses are listed. Error in program? in Deductions & credits

Turbotax business and home version 2024. When I enter business expenses, the total shows as zero even though the expenses are listed. Error in program?

egldvrbags — Tue, 03 Feb 2026 10:50:44 GMT

Re: Turbotax business and home version 2024. When I enter business expenses, the total shows as zero even though the expenses are listed. Error in program?

VolvoGirl — Sat, 15 Feb 2025 16:12:01 GMT

What total? Is your Net Profit zero? What expenses are you entering?

Some expenses, such as home office or section 179 depreciation can only be used to reduce your schedule C taxable income to zero, and not to create a loss. Excess deductions for these carry over to the next year. And you have to answer yes to both questions about exclusive and regular use, not just one. The area of your home office must be used regularly and exclusively for business to deduct it.

Or you checked the box on 32b saying Some Investment is not at risk.

Re: Turbotax business and home version 2024. When I enter business expenses, the total shows as z...

DianeW777 — Sat, 15 Feb 2025 16:17:05 GMT

No, there hasn't been an error we are aware of. You may want to double check your Business Profile to make sure you answered the questions correctly. A key question would be whether you selected that you actively participate.

As indicated office in the home would be limited if you don't have enough business income after other expenses. Section 179 is for depreciable assets and is limited to your 'taxable income' on your tax return which would include both your self employment net profit and other income.

Review the sections of your Business Profile and then double check your Schedule C using Forms in TurboTax Desktop.

Please add more details here if you need additional assistance and we will help.

@egldvrbags