Thank you. So there is no explicit way to input into TurboTax the time factor for shared workspace? I calculate the percentage based on your calculations above, then input that percentage into TurboTax assuming that the room is used exclusively for business. Just to confirm, as an example:
1 room for business/10 rooms in the house = 1/10 = 0.1
6 hours in a day using the room as workspace/24 = 6/24 = 0.25
146 days in a year using the room as workspace/365 = 0.4
Percentage (0.1) x (0.25) x (.4) x 100 = 1%
Input into Turbo Tax for shared workspace situations:
total area or rooms in the home = 100
area or # of rooms for the work space = 1 (BTW if this turns out to be a fraction, then TurboTax does not allow for fractions for this input - do we round up?)
Suggestion: TurboTax should ask whether the work space is shared. If yes, then there should be inputs for the hours/24 and days/365 so there can be an explicit accounting for this.
Let me know if I've missed something. Thanks so much.
