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Kris3
New Member

Using home office deduction twice for two different business

I use my home office for two different businesses, graphic design and transcription work. Since these two are entered as two separate business in turbotax, can I take the home office deduction twice? This home office is used exclusively to do graphic design and transcription work. 

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Using home office deduction twice for two different business

You may take the Home Office deduction as a percentage related to your work.  

For example, if 80% of your income comes from graphic design and 20% comes from transcription, then you can "allocate" 80% of your Home Office deduction to the graphic design business and 20% to your transcription business.

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Using home office deduction twice for two different business

You may take the Home Office deduction as a percentage related to your work.  

For example, if 80% of your income comes from graphic design and 20% comes from transcription, then you can "allocate" 80% of your Home Office deduction to the graphic design business and 20% to your transcription business.

Kris3
New Member

Using home office deduction twice for two different business

Thank you Kitty. I'm thinking of just using the deduction once which is for the graphic design work to make it simpler.
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