turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Yes No
Tori13
Returning Member

property

I rent a space in an office suite. Why does my tax return has it as i rent the entire building?

posted
‎July 17, 2019 9:48 AM
last updated ‎July 17, 2019 9:48 AM
0
3
259
Reply
Bookmark Icon
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
Critter
Level 15

property

You rent 100% of the space you use ... no where does it say it is 100% of the total building it is in ... and do not enter the office as an asset since you cannot depreciate it. 

‎July 17, 2019 11:41 AM
0
2
242
Reply
Bookmark Icon
Critter
Level 15

property

If you are filing a Sch C then you should NOT be using the office in home section at all.  

‎July 17, 2019 11:42 AM
0
241
Reply
Bookmark Icon
Critter
Level 15

property

If you are filing a Sch C then you should NOT be using the office in home section at all.  

‎July 18, 2019 7:00 AM
0
228
Reply
Bookmark Icon

Still have questions?

Make a post
Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics
Live Full Service: Taxes Done for you! Get matched with a local tax expert who can do your taxes, start-to-finish, the same day. Start for free!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

cvhp1972
soli-torabi
zeishinkoku2020
42DS
chunhuach

Did the information on this page answer your question?

thumb-up Yes
thumb-down No
close icon
checkmark

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

and start working
on your taxes

File your taxes, your way

Get expert help
or do it yourself.

Get started
close icon
icon help

Access additional help, including our tax experts

Post your question

to receive guidance
from our tax experts and community.

Connect with an expert

Real experts - to help
or even do your taxes for you.

Get started
Manage cookies