Home office expenses: Where should I enter it

Forum|Forum|5 years ago
February 18, 2021
1 reply
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I have a self employed consulting business. I can enter home office expenses in either the business expenses OR personal home office expenses.

Which should I use? Should it be entered in both places?

TurboTax Home & Biz Windows

ThomasM125

The home office expenses should be entered in the business portion of your tax return only.

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AAAARGHAuthor

So in the personal deductions & credits, I don't enter anything in mortgage interest, insurance and property taxes?

Does the business home office information only apply to the percentage of the home that's used as a home office? Does the personal home office apply to the entire home?

JeffreyR77

The Tax Cuts and Jobs Act of 2017 did away with ability to deduct a home office or unreimbursed employee expenses.

You want to ensure you only have home office expense associated with your self-employment activity.

In the Personal Deductions and Credits you enter your total mortgage interest and property taxes.

TurboTax will calculate whether the standard deduction for your filing status is more advantageous or itemizing your deductions using your mortgage interest and property taxes with other allowable itemized deductions..