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Business-Use-of-home expenses
Ive been using turbotax for many years, and every year, entering the business-use-of-home expenses does nothing... all it does is carry forward to the next year. I'm tired of beating my head against a wall with this and no-one seems to have this issue. How do I get turbotax to use this information.?
posted
May 31, 2020
1:48 PM
last updated
May 31, 2020
1:48 PM
2 Replies
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Business-Use-of-home expenses
Hello, which version of TurboTax are you using?
June 1, 2020
12:25 PM
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Business-Use-of-home expenses
If your business incurs losses your issue may be that business-use-of-home expense is not deductible in the year and will be carried forward to a future year if the business is already in a loss position before considering the home expenses. More information can be found at: business use of a workspace in your home
June 2, 2020
10:40 AM