https://ttlc.intuit.com/community/tax-credits-deductions/discussion/income-gt-5-000-but-home-deduct-disallowed/01/715044#M94631 <P>Turbo Tax is disallowing home office deduction stating net profit is zero or less, but Schedule C says it's &gt;$5,000.&nbsp; What's wrong?<BR /></P> Thu, 06 Jun 2019 14:33:51 GMT emseiter 2019-06-06T14:33:51Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/income-gt-5-000-but-home-deduct-disallowed/01/715044#M94631 <P>Turbo Tax is disallowing home office deduction stating net profit is zero or less, but Schedule C says it's &gt;$5,000.&nbsp; What's wrong?<BR /></P> Thu, 06 Jun 2019 14:33:51 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/income-gt-5-000-but-home-deduct-disallowed/01/715044#M94631 emseiter 2019-06-06T14:33:51Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/there-are-business-income-limitations-to-the-amount-of-ho/01/715053#M94632 <P>There are <B>business income limitations</B> to the amount of <B>Home Office Deduction</B> you are allowed to claim on your return.</P><P>You may be able to <B>carry over</B> the amount you could not claim to next year, however.</P><P>Here's more info:</P><P> <A href="https://ttlc.intuit.com/replies/6009044" target="_blank">https://ttlc.intuit.com/replies/6009044</A> <BR /> </P> Thu, 06 Jun 2019 14:33:53 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/there-are-business-income-limitations-to-the-amount-of-ho/01/715053#M94632 MarilynG 2019-06-06T14:33:53Z