Home Business Expenses in 2023

[TheWisdom]

In 2022, I used my house for business and claimed home business expenses. However, in 2023, I no longer used my house for business purposes. Instead, my sister used the house for her own business. Can my sister claim home business expenses for the year 2023? It's the same property.

[MarilynG1]

If you no longer used your Home Office for your Business, you should EDIT your Business and indicate that you 'stopped this business in 2023' to take the Business stuff out of your tax return.

If your sister used your home for her business, she can report that on her tax return.

There can be more than one business at the same address.

Here's some detailed info on The Home Office Deduction. 

[TheWisdom]

"you should EDIT your Business and indicate that you 'stopped this business in 2023' to take the Business stuff out of your tax return."

I want to make sure about this. My business is still operational in 2023. It's just that I no longer use a home office for my business.

Should I "edit stopped"?

[LeticiaF1]

No, do not stop the business just delete the information for the business home expense.  To do that on TurboTax:

1. Open or continue your return.
2. Go to Wages & Income
3. Select Edit/Add next to Self-employment income and expenses
4. Select Edit under your business 
5. Under the Expense category select the trash can next to the Home office

@TheWisdom