Simplified Home Office dialog

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For 1040 clients only, use this dialog 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 dialog, do one of the following:

  • Open the asset module's Asset Detail dialog, click the Home Office tab, and click Use simplified option.
  • Choose Setup > Activity and click the Simplified Home Office button.

Fields

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

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

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