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March 9, 2023
Question

Error: Form 8829 Expenses for Business Use of Your Home.Worksheet A: Gross income should copy Sch C line 29 (profit) But it copied Sch C line 28 (expenses) with "-".

  • March 9, 2023
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Error: Form 8829 Expenses for Business Use of Your Home. Worksheet A: Gross income should copy Sch C line 29 (profit) But it copied Sch C line 28 (expenses) with negative values. So max values from Worksheet line A is always "0". This is from software error. When the Turbotax compares line A and line F, it always get "0" for line G.
This error makes tax payer who couldn't declare Expenses for Business Use of Your Home. Tax payers always get "0" credit. This error makes tax payer pay more tax!!!

1 reply

March 10, 2023

It is possible that you have $0 or negative income as reported on line 29 of Schedule C "Tentative profit or loss." If so, then you are not allowed a home office deduction in the current year. The deduction can be carried over to future years however. 

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