Turbo Tax % Of Gross Income Question

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  • safechner
    Daycare.com Member
    • Jan 2010
    • 753

    Turbo Tax % Of Gross Income Question

    what is percent of gross income must be entered?

    am almost done with my return and is in the checking for errors section. the following entry was asked by TT:

    check this entry

    part 2 of schedule c form 8829: percent of gross income must be entered
    percent of gross income______


    Line 8 Calculation Smart Worksheet

    B Enter the percent of gross income on line 7 of Schedule C that is from the business use of this home ____________%


    Should I entered 100% that I made income from daycare?
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    gross income

    Originally posted by safechner
    what is percent of gross income must be entered?

    am almost done with my return and is in the checking for errors section. the following entry was asked by TT:

    check this entry

    part 2 of schedule c form 8829: percent of gross income must be entered
    percent of gross income______


    Line 8 Calculation Smart Worksheet

    B Enter the percent of gross income on line 7 of Schedule C that is from the business use of this home ____________%


    Should I entered 100% that I made income from daycare?
    Yes, enter 100% in both places.
    http://www.tomcopelandblog.com

    Comment

    • safechner
      Daycare.com Member
      • Jan 2010
      • 753

      #3
      Thank you so much!!!

      Comment

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