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posted Mar 17, 2022 7:42:35 PM

Does entering the total amounts of business expenses for home run business mean putting the amount by month of the total for the year?

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Level 3
Nov 25, 2022 10:34:25 AM

Business expenses from a home-run business should be entered as a yearly amount. You should keep in mind though that you can only claim certain expenses relative to the area where you conducted your business, and if your home office is used for business purposes only. If you'd like to know more about running a business out of your home and what you can claim, here is a great TurboTax article. 
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