I am currently entering equipment additions for CCA, in relation to my self-employment. Since my office is in my home, only a certain percentage of the total cost is dedicated to the business part (the remainder is considered the "personal part"). How can I enter this information in Turbotax (Self-Employed version)? I only see an option to add total cost. Thanks!
You would have to calculate what percentage you used in your business, and enter that.
Where would I enter that percentage? There is no field to enter this information, as far as I can see.
No, you don't put in the percentage. You enter the portion of the expense that is business related. Ex: If you used your phone for business 50% of the time, and your total phone bill is $1000, you would enter $500 in TurboTax.
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