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January 10, 2024
Question

As a minister I can deduct my predetermined housing expenses (rent, utilities, cleaning, etc.) Is there any way to track these separate from the home office deduction?

  • January 10, 2024
  • 1 reply
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I'm using QuickBooks Self-Employed.  I usually have to go back and add these things up at the end of the year, where it would be helpful if QB would do it for me through the year like all my other business expenses.  Thanks!

1 reply

AlcaeusF
January 10, 2024

Hello Camcam,

 

Thank you for posting here in the Community. I'm here to clarify things about tracking deductions in QuickBooks Self-Employed.

 

The IRS has two home office deduction methods: the simplified and actual expenses method. Both are based on square footage.

 

Since home office expenses are a complicated category, I recommend reaching out to the IRS or an accountant for expert advice on the expenses you want to separate. Here's the link: Contact IRS.

 

If you're self-employed, you use a Schedule C form to report your self-employed income and expenses. It's also known as Form 1040. I've attached an article you can check out to learn about Schedule C categories and how to categorize transactions in QuickBooks: Schedule C and expense categories in QuickBooks Self-Employed.

 

Comment below if you have additional questions about claiming a deduction for a home office in QuickBooks Self-Employed. We're always here to help. Take care always.