Why did my refund go DOWN, when I entered my simplified Home office expenses? Shoudn't it go UP

wags5108 · ‎June 4, 2019

AnnetteB · ‎June 4, 2019

The change may have been due to the Qualified Business Income (QBI) deduction.

Entering a business expense for your home office reduced your business income, which reduced your QBI deduction. This would have increased your taxable income and therefore reduced your refund.

To learn more about QBI and the new deduction starting with 2018, see the information below.

https://ttlc.intuit.com/replies/7019998

View solution in original post

Vanessa · ‎June 4, 2019

Were you getting the Earned Income Tax Credit?

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

wags5108 · ‎June 4, 2019

No I am not.....although, maybe it ASSUMED I was, since I didn't enter my spouse's income yet?

AnnetteB · ‎June 4, 2019

The change may have been due to the Qualified Business Income (QBI) deduction.

Entering a business expense for your home office reduced your business income, which reduced your QBI deduction. This would have increased your taxable income and therefore reduced your refund.

To learn more about QBI and the new deduction starting with 2018, see the information below.

https://ttlc.intuit.com/replies/7019998

Why sign in to the Community?

Why did my refund go DOWN, when I entered my simplified Home office expenses? Shoudn't it go UP