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Level 3
posted Mar 12, 2023 10:18:55 AM

Can I take 2 home office deductions if I have 2 Schedule C's?

I have two Schedule C's because I do two jobs. I have the home office deduction on one of them but not on the other. Can I take the home office deduction twice? I only use one office. 

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1 Best answer
Level 15
Mar 12, 2023 10:49:22 AM

NO. you need to use a method to split the expenses.  so say the square footage of HO is 300 and you spend 20% of time in one HO and 80% in the other. i would use 60sg ft for the one and 240 sg ft for the other. this is just a suggestion. the important thing is you don't deduct the same expenses twice because you have two businesses. 

2 Replies
Level 15
Mar 12, 2023 10:23:29 AM

Prorate the time spent for each business. 

Level 15
Mar 12, 2023 10:49:22 AM

NO. you need to use a method to split the expenses.  so say the square footage of HO is 300 and you spend 20% of time in one HO and 80% in the other. i would use 60sg ft for the one and 240 sg ft for the other. this is just a suggestion. the important thing is you don't deduct the same expenses twice because you have two businesses.