I am employed full time and also own a small business. These are separate entities. Can I claim expenses both as an employee and also as a business/self employed ?

For example claim home office expenses as an employee and also as a self employed. Can I double up or does it have to be a % to employment and % to self employed ?

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1 Best answer

Moderator

Mar 29, 2024 1:51:52 PM

Because you are claiming working from the same space, then you will only be able to claim it once. If you own your house you can't claim rent.

Thank you for choosing TurboTax.

Moderator

Mar 29, 2024 1:51:52 PM

Because you are claiming working from the same space, then you will only be able to claim it once. If you own your house you can't claim rent.

Thank you for choosing TurboTax.

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I am employed full time and also own a small business. These are separate entities. Can I claim expenses both as an employee and also as a business/self employed ?