My husband and I own equal 50/50 share in our home business (LLC). Do we both enter the entire square footage of our office space or only half the square footage each?

Forum|Forum|1 year ago
February 12, 2025
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We are using the regular method, rather than simplified. In past returns, I have taken the total square footage of the home office and divided it in half for each of our Schedule C deductions. Is that the way to do it? Or can each of us deduct the full square footage as long as we check the question as yes, I share the home office with someone else?

jmalberyAuthor

I think I finally found the answer within TurboTax. It seems the way I have been calculating it is correct. Since we share the office space 50/50, I divide the total square footage in half on each of our deduction calculations.

Shared this office with someone else who also used it as a home office?

So you have a home office that you share with someone else, who also uses it as a home office.

First of all, on the "Enter the Square Footage of Your Home and Home Office" screen you saw earlier, make sure you divided up the square footage correctly so that each of you takes the correct amount of square footage for the year.

KrisD15

Correct, if you are filing two separate Schedule C and splitting the income and expenses 50% each, split the square footage for the home office 50/50 as well.

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