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Future of professionals report 2025
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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
UltraTax CS does not 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 module's Asset Detail window, select the Home Office tab, and selectUse simplified option.
- Select Setup, Activities and select Simplified Home Office.
Fields
Home 1
Mark this checkbox to use the simplified option to calculate the deduction for Home 1.
Home 2
Mark this checkbox to use the simplified option to calculate the deduction for Home 2.