- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Filing
You have to enter the total amount you spent on utilities for the year. TurboTax will calculate the deductible portion based on the percentage of your home used for business. For Example:
- Total annual utilities: $1,200
- Business use percentage: 10%
- Deductible amount: $1,200 x 10% = $120
Thank you for choosing TurboTax.
‎June 25, 2024
12:16 PM