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March 24, 2024
Question

I am entering my home office expenses and the software indicates the expenses are going into an amount to carry forward as opposed to total claimable for 2023. Why?

  • March 24, 2024
  • 2 replies
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    2 replies

    TurboTaxSusan
    March 24, 2024

    Is this for employment expenses, self-employment or rental? Are you using TurboTax CD/Download or TurboTax Online?

    ssberg5Author
    March 25, 2024

    Self-employment.

    ssberg5Author
    March 25, 2024

    Turbo Tax online

    TurboTaxSusan
    March 25, 2024

    Do you have enough income to use your home office expenses? The amount you can deduct for business-use-of-home expenses can't be more than your net income from the business before you deduct these expenses - you can't use these expenses to increase or create a business loss.