Turbo Tax % Of Gross Income Question
 

what is percent of gross income must be entered?

am almost done with my return and is in the checking for errors section. the following entry was asked by TT:

check this entry

part 2 of schedule c form 8829: percent of gross income must be entered
percent of gross income______


Line 8 Calculation Smart Worksheet

B Enter the percent of gross income on line 7 of Schedule C that is from the business use of this home ____________%


Should I entered 100% that I made income from daycare?

gross income
 

Originally Posted by safechner:
what is percent of gross income must be entered?

am almost done with my return and is in the checking for errors section. the following entry was asked by TT:

check this entry

part 2 of schedule c form 8829: percent of gross income must be entered
percent of gross income______


Line 8 Calculation Smart Worksheet

B Enter the percent of gross income on line 7 of Schedule C that is from the business use of this home ____________%


Should I entered 100% that I made income from daycare?

Yes, enter 100% in both places.

Thank you so much!!!