Hi, I was solely self employed for the first 3 months of 2023 (and for 6 years previously). I own my home and have alway opted into actual expenses (5.57% of entire home) vs simplified, so I’m continuing that method this year.
I’m getting hung up on how to enter my mortgage interest and real estate taxes for only the part of the year for which I was self employed. Turbo tax asks how many months the home office was in use, but I’m not sure if this question results in an automatic timeframe calculation? And if not, do I just manually calculate it for 3 months?
I should also note that taking the standard deduction is my best bet.
Thanks in advance for you help!