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I am self employed & using the Home Business program. In 2016 I moved and I need to list both home locations for deductions. It only lets me add one. How do I list both?

Forum|Forum|7 years ago
June 1, 2019
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In the first sections of listing basic info and home address, it only has one space for the address which it will use to list deductions. I need to show 2 locations since I moved in the middle of the year. How do I show both home locations in order to list all deductions?? Thanks!!

TurboTax Home & Biz Windows

Best answer by MichaelMc

Only use your current home address (the one that matches the address on your tax return) when entering data for Schedule C. Unless you actually closed one business and started another at your new location, I am assuming that the business operated continuously throughout the year.

If you are taking a deduction for business use of the home, you will need to file two separate Forms 8829, both linked to the same Schedule C. Each will reflect only the home office expenses for the portion of the year that you lived and worked at that location.

Enter all of the information and expenses for the first home office. When you have completed that section of the interview, return to the page titled Home office summary; click the Add a Home Office button and repeat the process for the expenses associated with your new location.

M

MichaelMcAnswer

Employee

Only use your current home address (the one that matches the address on your tax return) when entering data for Schedule C. Unless you actually closed one business and started another at your new location, I am assuming that the business operated continuously throughout the year.

If you are taking a deduction for business use of the home, you will need to file two separate Forms 8829, both linked to the same Schedule C. Each will reflect only the home office expenses for the portion of the year that you lived and worked at that location.

Enter all of the information and expenses for the first home office. When you have completed that section of the interview, return to the page titled Home office summary; click the Add a Home Office button and repeat the process for the expenses associated with your new location.