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wenzhengli
New Member

For 2125 business-use-home expenses, I typed in all the numbers, but on the summary it shows 0 for business -use-of-home expenses. I'm wondering why

 
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TurboTaxRich
Level 4

For 2125 business-use-home expenses, I typed in all the numbers, but on the summary it shows 0 for business -use-of-home expenses. I'm wondering why

You can only claim business use of home expenses to the extent that your net business income is greater than zero.  In this case, since you have a net loss, the amount of this year's business use of home expenses will be carried forward to next year.

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4 Replies
TurboTaxRich
Level 4

For 2125 business-use-home expenses, I typed in all the numbers, but on the summary it shows 0 for business -use-of-home expenses. I'm wondering why

Is your net income after deducting your regular business expenses (but before business use of home expenses) greater than zero?
wenzhengli
New Member

For 2125 business-use-home expenses, I typed in all the numbers, but on the summary it shows 0 for business -use-of-home expenses. I'm wondering why

No, it is negative already
TurboTaxRich
Level 4

For 2125 business-use-home expenses, I typed in all the numbers, but on the summary it shows 0 for business -use-of-home expenses. I'm wondering why

You can only claim business use of home expenses to the extent that your net business income is greater than zero.  In this case, since you have a net loss, the amount of this year's business use of home expenses will be carried forward to next year.

View solution in original post

Raunak123
New Member

For 2125 business-use-home expenses, I typed in all the numbers, but on the summary it shows 0 for business -use-of-home expenses. I'm wondering why

How to carry forward ? Does it come automatically next year or we have to manually select any option. It’s not showing up in the transferred to next year summary. 

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