pixie Posted March 19 Report Share Posted March 19 Hello, My spouse and I co-own our home business. For the portion that asks Portion % of home that is used for personal use we wrote 75%. The next question asks "If the home office is used by your spouse, enter the share % of the expenses related to the business use of the home". Am I understanding this correctly. We use 25% of the home for business together. The second part is asking how much of that is each person responsible for then I put in 50% if it is equally shared, correct? Thank you Quote Link to comment Share on other sites More sharing options...
Geo123 Posted March 19 Report Share Posted March 19 Hello pixie, Correct 25% Business use, which should then be split 50% with Spouse. Please verify on the T777 Example of 25% T777 p2 Line 16 – Calculation of work-space-in-the-home expenses Electricity, heat, water, home Internet access fees $10,000 47 Total employment-use amount $2,500.00 48 Quote Link to comment Share on other sites More sharing options...
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