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Old 01-13-2014, 08:14 AM
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Join Date: Jul 2013
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Do I have a choice btw 8829 and sched A?

Hello,

Could someone tell me if I have a choice between taking mortgage interest, real estate taxes, etc on my Schedule A vs taking them for a home office deduction?

The reason I ask is that I have enough on my 8829 to bring my small business income to zero, leaving me with a carryover for next year. If I take these items off my schedule A and put them on my 8829, my bottom line is actually worse because the home office deduction is limited by my small tentative profit on schedule c. I'm hoping to keep these items on schedule A and only claim direct expenses on 8829.

Thanks for your help!

Ben



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