788073
For 2016, I did not use the "Business Edition" of Turbotax. This year I upgraded to the business version andI seem to be doubling up on the office in home deduction. I filled that information in the business side, and I have it appearing again on the personal deduction side. Do I zero out everything for home office deduction on my personal deductions and just use the business side or do I complete the home office information on my personal deduction side. Isn't that a duplication?
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The program is designed such that you enter you office in home information in the business section. Turbo Tax will calculate the business percentage, and then transfer the non-business deductions which are allowable to schedule A (Interest and RE taxes) The totals for expenses (from business and personal) should total to 100% of the costs, but not double the cost.
If you allow the program to walk you through the process, your tax return should be accurate!
The program is designed such that you enter you office in home information in the business section. Turbo Tax will calculate the business percentage, and then transfer the non-business deductions which are allowable to schedule A (Interest and RE taxes) The totals for expenses (from business and personal) should total to 100% of the costs, but not double the cost.
If you allow the program to walk you through the process, your tax return should be accurate!
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