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got_taxes
Level 2

Form 8829 problem

Simplified Method Smart Worksheet Line A (gross income limitation) imports Schedule C Line 28 (Total expenses), when it should import Line 29 (Tentative profit/loss). It’s impossible to take the Home Office Deduction using the Simplified Method with the current TurboTax software.

 

TT 2019.r11.027

 

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Accepted Solutions
got_taxes
Level 2

Form 8829 problem

My mistake. The home office deduction worksheet defaults to 0% of the Schedule C gross income attributed to the business use of the office (see Form 8829 Line 8 Smart Worksheet Line B). When I changed this to 100%, the problem disappeared. Easy! 😀

View solution in original post

1 Reply
got_taxes
Level 2

Form 8829 problem

My mistake. The home office deduction worksheet defaults to 0% of the Schedule C gross income attributed to the business use of the office (see Form 8829 Line 8 Smart Worksheet Line B). When I changed this to 100%, the problem disappeared. Easy! 😀

View solution in original post

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