Where do I deduct my rent?

[holly333]

So yes, I'm a procrastinator and filed an extension on last years taxes. I'm trying to get them done on taxact and have a question. I rent my home and it's quite expensive so I want to be sure that I am able to deduct as much as possible. Do I enter my time percentage of rent in my office expenses (sched C) or business use of home? It makes quite a difference in my refund ($2000!) so I want to be sure I am doing it correctly. Thanks so much for any help!!

[NightOwl]

I'm thinking it's business use of home, but nowhere near positive. I bet BC or Michael knows!

[TomCopeland]

Rent

So yes, I'm a procrastinator and filed an extension on last years taxes. I'm trying to get them done on taxact and have a question. I rent my home and it's quite expensive so I want to be sure that I am able to deduct as much as possible. Do I enter my time percentage of rent in my office expenses (sched C) or business use of home? It makes quite a difference in my refund ($2000!) so I want to be sure I am doing it correctly. Thanks so much for any help!!

Deduct the time-space % of your rent on Form 8829 Expenses for Business Use of Your Home..

[holly333]

Thank you!