I am a Realtor and I have a home office. Could you please tell me which line on the 1040 C my home office is supposed to go on? Doesn’t it have to be used solely for an office if you are writing it off? Is it line 18 or line 30? Do my office supplies go on 18 and then the sq. ft. of my office and costs to have it on line 30? It makes a big difference. Please help! I’m so confused! Thank you!
I have written an article that walks you through step by step on how to complete Schedule C. Per this article, line 30 is where you need to put your expenses for your home office. However, you must complete Form to see if you qualify to take this deduction. I have also included a link below to an article on the home office tax deduction:
1. How to complete schedule C:
2. Find out if you qualify for the Home Office deduction:
Thank you for reading!
You must be logged in to reply to this topic.
315 Madison Avenue, 24th Floor
New York, NY 10017
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.