grandmabee Posted February 18, 2021 Report Share Posted February 18, 2021 I have a office in home with mortgage interest and property taxes. I thought They should get that deduction no matter what. But they can't itemize so ATX moves it down below on the 8829( line 16 & 17 ) and then it is carried forward because this year they have a loss. Am I thinking wrong? Quote Link to comment Share on other sites More sharing options...
grandmabee Posted February 18, 2021 Author Report Share Posted February 18, 2021 Ok, when all else fails read instructions. I guess that is correct, not sure why but it is. 1 Quote Link to comment Share on other sites More sharing options...
Lee B Posted February 19, 2021 Report Share Posted February 19, 2021 Are you referring to a Schedule C "office in home" ? Quote Link to comment Share on other sites More sharing options...
grandmabee Posted February 19, 2021 Author Report Share Posted February 19, 2021 Yes, I thought that is the only place you can now take it. Quote Link to comment Share on other sites More sharing options...
Lee B Posted February 19, 2021 Report Share Posted February 19, 2021 Partners with self employment income can also deduct office in home as UPE. Quote Link to comment Share on other sites More sharing options...
XP4ME Posted February 19, 2021 Report Share Posted February 19, 2021 I read somewhere and cannot find it again...the difference has to do with not letting the mortgage interest and property tax produce a loss for the sched C when taking the standard deduction. 3 Quote Link to comment Share on other sites More sharing options...
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