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rjkoz
New Member

Using TT Home and Business, will it calculate the months use out of the year entries Utilities, Maintenance and Repairs?

 My business operated as a Sole Proprietorship for the first 9 months of 2016.  I've been claiming a Home Office since 1998, do I enter my full years, Utilities, Maintenance and Repairs OR enter the 9 months of same? I'm trying to find out if TT will calculate the 9 months out of the full year, or should I just enter the 9 month total of Utilities, Maintenance and Repairs?



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PatriciaV
Expert Alumni

Using TT Home and Business, will it calculate the months use out of the year entries Utilities, Maintenance and Repairs?

Enter the amount of shared expenses for only the months when you used your Home Office. It's possible that you had expenses during that time that would not apply to the full year. For this reason, TurboTax cannot allocate a full year based on the number of months the office was active.

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2 Replies
PatriciaV
Expert Alumni

Using TT Home and Business, will it calculate the months use out of the year entries Utilities, Maintenance and Repairs?

Enter the amount of shared expenses for only the months when you used your Home Office. It's possible that you had expenses during that time that would not apply to the full year. For this reason, TurboTax cannot allocate a full year based on the number of months the office was active.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
rjkoz
New Member

Using TT Home and Business, will it calculate the months use out of the year entries Utilities, Maintenance and Repairs?

Thank you, I wasn't sure if  TurboTax would calculate the months used in my Home Office by the number of months I entered as being active.
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