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Put my electric bill as an office expense for the business,but now its asking for the household utilities when I'm filling out the home office deduction screen. This ok?

Forum|Forum|4 years ago
April 6, 2022
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Am I supposed to remove the electric bill from the office expense screen since I'm being asked to input the house utilities on the screen with the home office deductions? I am writing off 2 businesses that are in my home.

TurboTax Self Employed Online

Best answer by AliciaP1

No, you cannot "double-dip" on utilities expenses. You should not be reporting the electric bill separately as a business expense, The home office deduction, whether you use actual costs or the simplified method, takes utilities, mortgage interest and property tax, basic repairs and maintenance, and depreciation into account with the calculation.

AliciaP1Answer

No, you cannot "double-dip" on utilities expenses. You should not be reporting the electric bill separately as a business expense, The home office deduction, whether you use actual costs or the simplified method, takes utilities, mortgage interest and property tax, basic repairs and maintenance, and depreciation into account with the calculation.

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S

selenatinaAuthor

Thank you for responding! Doesn't it ask for utilities under office expenses though? Or is that only if you're not doing the home office deduction?

P

PattiF

Utilities for a business located outside of the home office are deducted on Schedule C. Utilities commonly include: Fuel such as propane, natural gas or oil used for heat or cooking, These items get deducted as utilities, even if you also have a qualified home office.

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