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Originally posted by phogirl69
I just filed an extension....
I went to a local CPA and it was pretty painless... but I still had to mail the IRS my payments.
My accountant told me that I can't deduct a portion of my rent ( I work from home) unless I use the ENTIRE area for business purposes only. Can anyone confirm if this is correct? Someone else told me that you CAN deduct a percentage of your rent for business expenses depending on how large your workspace area is.
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I have a small room 12x12 that has nothing but my computer/internet stuff in it and get to deduct a percentage of my rent/electric/phone. They view it as a dedicated office.