Where to enter rent expenses if I worked from home in 2023 and will turbotax calculate the percentage for me if I enter the full rent paid?
It asks for "other expenses" and before that asks how many rooms in the home are used for work. I know I can only deduct the % of the home I used for office space- is turbotax calculating this for me or should I do it myself? Wish it was clearer...
Where to enter rent expenses if I worked from home in 2023 and will turbotax calculate the percentage for me if I enter the full rent paid?
If you answer the questions as they appear, the software will do the calculations for you.
As per theCanada Revenue Agency (CRA): If you rent your home, you can deduct the part of the rent and any expenses you incur that relate to the workspace.
Where to enter rent expenses if I worked from home in 2023 and will turbotax calculate the percentage for me if I enter the full rent paid?
Thank you for your answer.
So just to be clear, because turbotax is asking for Expenses which you incurred for the entire home after it asks me how many rooms in the house/how many rooms in the work place, Turbotax will be calculating the % of the household expenses used for employment using the percentage of rooms, so the entire cost of maitenance & rent should be input here?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.
Sign In
Canada (English)
EN
