what percentage of your home you use for business: what percentage of your home you use for business?
- 03/22/12 02:11 PM
What You Can and Can't Deduct When You Work From Home Working from home can offer many advantages including tax deductions. Just take care what you try to write off for your home office on your return says Donna Fuscaldo. Passing the IRS litmus test To meet IRS guidelines, your home office must be your principal place of business, or the place you see clients in the normal course of business. Parts of your home you use to store products or equipment for your business also count. That doesn't mean that all your work has to be done from home. If … (8 comments)
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What You Can and Can't Deduct When You Work From Home Working from home can offer many advantages including tax deductions. Just take care what you try to write off for your home office on your return says Donna Fuscaldo.
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