Home Office Deduction

The Home Office Deduction

Occasionally, I write about tax topics for other sites. Below is a preview of an article I wrote for Altitude Summit‘s blog.

If you maintain an office in your home, you may qualify to deduct certain expenses associated with the space, such as:

  • Utilities
  • Mortgage Interest
  • Rent
  • Real Estate Taxes
  • Repairs and Maintenance
  • Depreciation
  • Insurance

Read the full article here.

Home Office Expenses: Direct, Indirect, and Unrelated


Why YOU Should Care:

If you maintain a home office and spend money to repair or maintain your house, you need to divide the related expenses between personal and business. Only the expenses that relate to the business portion of your home – your home office – can be included on your Form 8829.

Continue reading “Home Office Expenses: Direct, Indirect, and Unrelated”