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business purposes: Is 300 sq ft the maximum I can claim for “business purposes” even though my actual space is 640 sq ft.?

300 sq ft max and flat $5/sq ft for a total of $1500 is the simplified method. You can instead use the actual expenses method and figure your home office percentage of the homes total. If your 640 is 20% of total house of 3200 sq ft then you can […]

Resolution for 'business purposes issue: 'Is 300 sq ft the maximum I can claim for “business purposes” even though my actual space is 640 sq ft.?' available: Yes.

The business purposes issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the business purposes issue yourself by looking for a resolution described in the article. If it is a complex business purposes issue or you are unable to solve the issue, you may contact us by clicking here or by using other business purposes support options.

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