02-22-2004, 01:07 AM
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Confirmed User
Join Date: Dec 2003
Posts: 1,412
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Quote:
Originally posted by Sarah - GSS
If you have an in home office you should be able to estimate a portion of the total expense as a business expense. I.e. total square feet of home = 2000, approx. office space 500 sq feet, therefore you could write off 1/4 or $75 as a business expense.
(that is the way it works in Canada, I'm pretty sure US tax laws are similar.)
This would go for other home expenses as well, i.e. interest on your mortgage, utilities, insurance, etc.
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thanks! what about the new computer Im getting since this one is screwed? |
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