- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Home office expenses: how do show 2 offices used at different times of the year, NOT simultaneously?
Home business: I used home office #1 for 9 months, moved to a new home, then used home office #2 for the remaining 3 months out of the year (90% each), however TurboTax won't let me enter both offices not to exceed a total of 100%. I'm stuck. How do I advance in the program?
Topics:
3 Replies
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Home office expenses: how do show 2 offices used at different times of the year, NOT simultaneously?
% used for business cannot be more than 100% ... so if you used both 90% x 2 = 180% ... do you see the problem ?
so enter 75% on the first & 25% on the second = 100%
so enter 75% on the first & 25% on the second = 100%
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Home office expenses: how do show 2 offices used at different times of the year, NOT simultaneously?
Thank you, but technically that answer is not correct -- it's asking for the % of time I spend conducting business in the home offices and I spend 90% of my time in the office, 10% outside of the office. I spent 90% of my time in each office at each location. I did not use the 2 offices simultaneously, therefore I cannot split the percentages to equal 100%.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Home office expenses: how do show 2 offices used at different times of the year, NOT simultaneously?
Ok... let me give you a hint ... that % info doesn't get entered anywhere on the form 8829 that the IRS gets so use the numbers I gave you and keep going.
Still have questions?
Make a post
Or browse the Forums