Simplified Home Office dialog

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For 1040 clients only, use this window to calculate the home office deduction using the simplified method.
note
Fixed Assets CS
doesn't automatically compare calculation results from the regular and simplified methods. Therefore, we recommend you review the calculation results from both methods to determine which result is better for your client.
To open this window, do one of the following:
  • Open the
    Asset Detail
    window, select the
    Home Office
    tab, and select
    Use simplified option
    .
  • Select
    Setup
    , then
    Activities
    , and select
    Simplified Home Office
    .

Fields

Home 1
Mark this checkbox to use the simplified option to calculate the allowable deduction for Home 1.
Home 2
Mark this checkbox to use the simplified option to calculate the allowable deduction for Home 2.

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