Quote:
Originally posted by phogirl69
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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The area you use has to be more or less sealed off from the rest of the house. The sqare footage dedicated to your desk won't cut it, it has to be a totally separate area.
That particular deduction is likely to cause trouble for you unless you are really careful about it.