If client was in business for only 3 months, how do I enter the 3/12 months (business use period) for home office expense?

Tee9745 · ‎10-13-2021

I have entered the home and office sq footage but I still need to adjust this as she was in business for only 3 months but do not see where to do this adjustment in Proconnect, please help

kocpa · ‎10-13-2021

For a mid year start to the home office, take the amounts of the home expenses for the time using the office in business. For example, rent for 3 months = $3,000 and utilities for the 3 months totals $160. That gets to the correct amounts showing on the Form 8829 and being used in the allocation of home expenses.

puravidapto · ‎10-14-2021

How do you deal with the standard method ($5 per square foot)?

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