abctax55
Level 15
02-05-2021
02:37 PM
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If a day trader either shows income on Sch D or 4797, then Sch C, where they show their expenses, will never have a net profit. So business use of home expenses will never be allowed. Please advise.
Your OP is above /|\; there's no question mark in it.
Your statement is correct. No income on C means no OIH deduction.
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