I cant believe it went up to $300! What can I write off? Anyone want to fully explain this tax and everything please do we havent gotten a new accountant yet. Help here would be greatly appreciated.
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too lazy to find advertising for this sig space -
maybe I shouldnt have put fully explain how bout a good guess?too lazy to find advertising for this sig space -
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$300 per month right ? I am not really sure if you can write off the personal property tax.
Ours is about 481 per month which is included in our mortgage.
You can however write off business use of home.I've been getting paid by SexOnTheSide for 10 years!
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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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per month? Im pretty sure ours is for the whole yearOriginally posted by jasmine
$300 per month right ? I am not really sure if you can write off the personal property tax.
Ours is about 481 per month which is included in our mortgage.
You can however write off business use of home.too lazy to find advertising for this sig spaceComment
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thanks! what about the new computer Im getting since this one is screwed?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.too lazy to find advertising for this sig spaceComment
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that is a business expense also, a write offOriginally posted by pornkitten
thanks! what about the new computer Im getting since this one is screwed?Comment
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