TAX QUESTION: Calculating deductions for home office
This is my first year filing as a business owner, and I thought I would use TurboTax just to keep it as simple as possible this year (can't afford a CPA at the moment, and so far I don't think I have needs complicated enough for it anyway).
TurboTax wants to calculate my home office percentage by taking a ratio from the square footage of my entire house compared to that of my home-office. However, I do not own or rent my entire home. I rent two rooms in a home - one is my bedroom and the other is my home office. Shouldn't the ratio be related to these two rooms, rather than including the entire house, which is occupied and paid for by other people?