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clmkc
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form 8829 - 2024 potential error for 'gross income limitation' in simplified method smart worksheet

Hi! I have a small amount of self employment business income for 2024 ($2256). I have non-home office business related expenses of $710. On form 8829, on the simplified method smart worksheet it is listing -$710 as my gross income limitation. I believe this should instead be +$1,546, however, TurboTax will not allow me to override the -$710. Is this happening due to an error in TurboTax? Thanks!

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form 8829 - 2024 potential error for 'gross income limitation' in simplified method smart worksheet

I suspect you said you earned less than 100% of that income due to the home office.  That is usually what causes the weird issue (and even though it is unfair, that is how it legally works if you earned less then 100% of that income due to the home office).

 

It could also be possible due to selling certain business assets, but I suspect that the less-than-100% is what is causing it.

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