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New Member
posted Apr 5, 2021 8:54:47 PM

I use part of my home to run my self employment business. Turbotax gave me the option to enter the sq footage but not the cost of rent. How do I add rent cost?

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2 Replies
Level 6
Jan 10, 2022 4:25:45 PM

If you are a self-employed and want to claim your rent paid as a home office expense, refer to the following steps: 

Log in to your account and edit your current return --> Income --> Self-Employment --> create your profile --> you can enter your expenses under rent while filling in the form T2125. 

For further clarification please check out these two links:

 

Claiming Home Office Expenses for Your Small Business

T2125 Tax Form: Declare income and expenses from a business or profession

If you require further assistance please contact our phone support team or contact us directly on Facebook or Twitter

Level 2
Jan 10, 2022 11:12:01 PM

In this case, you can follow this video about the Home Office Expenses for self-employment.  Firstly, you should be enter how many room in your home did you use for work?. Then in the next page, they have a table about the expenses for this room. Enter the cost for that one here as the video guide. 

For further information, please see our TurboTax article: 

How do I claim home office expenses?

If you require further assistance please contact our phone support team or contact us directly on Facebook or Twitter.

 

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