Form 1040 is taking a loss on Sch C for OIH. I can't find anyway that this should be happening. Can you help me how to correct this?
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I rechecked and I did enter the HOI expenses correctly thru indirect expenses. Yes, the amount allowed on the 8829 is the result of a result of the mortgage and taxes.
Is it attributable to the business use percent of mortgage interest and real estate tax?
And/or did you enter home office expenses as direct instead of indirect?
I rechecked and I did enter the HOI expenses correctly thru indirect expenses. Yes, the amount allowed on the 8829 is the result of a result of the mortgage and taxes.
Grateful. I hadn't broken down the details to determine that the amount being claimed was just for the mtge int and real estates taxes until you brought the matter to my sttention. Thanks very much.
You're welcome.
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