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fsoysal
Level 1

I have categorized rental payments as rent (home office) but why don't I see them as business expense?

 
1 Comment 1
IntuitLily
Moderator

I have categorized rental payments as rent (home office) but why don't I see them as business expense?

It's nice to see you in the Community forum, @fsoysal.

 

The transactions under rent and lease (home office) will show up on the Home Office Deduction Annual report. However, on the Profit and Loss report, only the transactions categorized as rent and lease can be viewed as a business expense.

 

For more information you can check out the following articles:

 

Overview of the home office deduction

Schedule C: Home office expenses

 

Let me know if you have additional questions. I'm always here and ready to help. Take care!

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