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 2
posted Apr 8, 2024 10:11:13 AM

Home Office Move

2023 Self Employed

1/23 - 8/23 Home Office Location 1

Moved Home Office.

9/23 - 12/23 Home Office Location 2

Move Equipment $87.18

Move Labor $150

0 4 1495
4 Replies
Expert Alumni
Apr 8, 2024 10:45:44 AM

What is your question?

 

If you can include the equipment and labor for moving as a business expense?  If so, yes, you would be able to include the equipment and labor for your home office ONLY as a business expense.   You would not be able to deduct any part that was not directly related to your home office.  

Level 2
Apr 8, 2024 10:50:28 AM

"not be able to deduct any part that was not directly related to your home office"

What is an example of moving my home office that is not part of my home office?

Expert Alumni
Apr 8, 2024 12:10:16 PM

It depends. The home office has both direct and indirect expenses.  

  • Direct Expenses: Anything that is an expense that only affects the home office itself such as office supplies, your equipment move and labor (assuming the labor is not your labor).
  • Indirect Expenses: Anything that is for the entire home such as mortgage interest, insurance, utilities, repairs, and depreciation for the office area only

Please update with additional details if you need further assistance and we will help.

@biglight 

New Member
Apr 14, 2024 9:47:49 AM

I'm having the same issue, and after a little research it turns out that is a known issue for 5+ years now that TT is ignoring. Don't expect to receive a correct answer from the fraud "experts" on here, they are dump and hired to confuse you.