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Daycare and Taxes>Home Office Expenses-Turbo Tax
LittleCupcakes 09:07 AM 03-11-2014
I have a question about the home office expenses in turbo tax. It use to have me put my time/space % in...but it's not asking for that this year, has something changed??
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Shell 09:49 AM 03-11-2014
You still have to put the info in this year, but it's kind of hidden.
If I recall correctly, you go under the part where your business name is located, and click "edit". It will ask you if you used the entire space and then when you click you only used part of the space for daycare, it asks you to enter in the info to calculate your T/S. If this doesn't help, I can look back at records for exact info.
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TomCopeland 03:26 PM 03-11-2014
Originally Posted by LittleCupcakes:
I have a question about the home office expenses in turbo tax. It use to have me put my time/space % in...but it's not asking for that this year, has something changed??
You do need to enter the new numbers each year for your time-space % or it will assume it's the same as last year.
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Tags:expenses, turbo tax
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