landers-megan
Level 1
06-05-2023
10:52 PM
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Client moved mid-year and thus had 2 home offices during tax year. The former home had a carryforward of previously unallowed expenses. I know that if the business ceases to operate, the expenses are lost...however I cannot find a definitive answer if the prior home's expenses carryforward. Can anyone cite a reliable source or share what they have done in practice in this scenario?