This
error is occurring because you have multiple home offices and the expenses from
both forms cannot total more than 100%. So if you have 100% on both forms this
is incorrect.
You
must adjust the percentage of business conducted in both home offices and
make sure it does not exceed 100% combined to resolve. Take the steps below to
edit your home office percentages. If you have any other details regarding
this question, please feel free to post them in the comment section.
Check out these entries:
1.
Go to the Business tab
2.
Go to Business Income and Expenses
3.
Select I'll choose what I work on
4.
Click Update on the line for Profit or
Loss from Business
5.
Click Edit on the line for your business
6.
Click Start/Update on the line for Special
Situations
7.
If you have two home offices then you will see a box that is
checked on the line for I need to allocate my business expenses to my
home offices (Make sure this box is unchecked)
If you still have the error
, you may have to
delete one of the office in the home worksheets:
Open your return in TurboTax. ...
1. In the upper right
corner, click My Account> Tools.
2. In the pop-up window,
select Delete a form.
3. Click Delete next to
extra Form 8829 Worksheet and follow the onscreen
instructions.
Here's the best way to notate two home offices, whether you
move or not(See the attached screenshot below. Click to enlarge.):
You'll have two office that you will allocate the income and
expenses to:
Go to Business tab-Continue
Choose I'll choose what to work on
Business Income and Expenses
Profit or Loss from Business
, click Start or Update.
Select the Home Office button. (See the attached
screenshot below. Click to enlarge.)
Continue through answering that you had two home offices and
follow the interview. (See the attached screenshot below. Click to enlarge.)
TurboTax will ask you to Enter a Percentage (you'll tell the
program how much of your income you earned in that home office - for example,
if you were in your 1st home office for 6 months of the year, and earn your
income fairly evenly through the year, you would say "50%" of your
income was earned in this home office).
TurboTax will next ask you to Allocate Your Business Expenses.
you would do the same thing you did for your income, but instead of entering a
percentage, you'll enter a dollar amount. To continue the above example, say
you $10,000 in expenses and incurred the expenses somewhat evenly throughout
the year, you'd enter $5,000 as the amount of expenses to allocate to this home
office.
Do this for both home offices for this business. Once you
complete your 1st home office, you'll be given the option to enter another home
office. Again, to continue our example, in TurboTax for the 2nd home
office, you'll also enter 50% for your income percentage earned for this
business, and $5,000 as the amount of expenses to allocate to this home office.
